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USGAAP Requires Firms Holdingtrading Securities to Report Unrealized Holding Gains

Question 70

Multiple Choice

U.S.GAAP requires firms holdingtrading securities to report unrealized holding gains and losses on the investments


A) in the income statement.
B) as an adjustment to the Capital stock section of the balance sheet.
C) in the footnotes to the financial statements.
D) as an adjustment to the Treasury stock section of the balance sheet.
E) none of the above

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