Unrealized gains and losses on available-for-sale debt securities are reported on the income statement.

Name: Unrealized gains and losses on available-for-sale debt securities are reported on the income statement.
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Question

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Unrealized gains and losses on available-for-sale debt securities are reported on the balance sheet as a separate component of accumulated other comprehensive income until they are realized through a sale or impairment, at which point they are recognized in the income statement.

Unrealized Gains and Losses on Available-For-Sale Debt Securities Are Reported