The unrealized Gain/Loss on Investment account may appear on which financial statement?
A) the balance sheet under the "liabilities" section
B) the income statement under the "other income" section
C) the balance sheet as part of the shareholders' equity
D) the balance sheet under the "assets" section as a contra asset

Question

Quizplus · Accepted Answer

Unrealized gains or losses on investments are typically reported on the income statement under the "other income" section, reflecting changes in the fair value of investments that have not yet been sold.

The Unrealized Gain/Loss on Investment Account May Appear on Which