An investor in securities accounted for by the equity method has the following information available at December 31,2012: How does the investor report the change in market value on the securities at December 31,2012?
A)adjustment to Investment account
B)unrealized gain of $1,000 on income statement
C)adjustment to "other comprehensive income" account
D)not reported

Question

An investor in securities accounted for by the equity method has the following information available at December 31,2012:  How does the investor report the change in market value on the securities at December 31,2012?
A)adjustment to Investment account 
B)unrealized gain of $1,000 on income statement 
C)adjustment to "other comprehensive income" account 
D)not reported

Quizplus · Accepted Answer

The Answer of An investor in securities accounted for by the equity method has the following information available at December 31,2012:  How does the investor report the change in market value on the securities at December 31,2012?
A)adjustment to Investment account 
B)unrealized gain of $1,000 on income statement 
C)adjustment to "other comprehensive income" account 
D)not reported

An Investor in Securities Accounted for by the Equity Method