Gains and losses on the sale of equity investments are recorded in the income statement as part of net income.

Name: Gains and losses on the sale of equity investments are recorded in the income statement as part of net income.
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Gains and losses from the sale of equity investments are typically recorded in the income statement, affecting net income, unless they are classified as other comprehensive income under specific accounting standards.

Gains and Losses on the Sale of Equity Investments Are