Any unrealized gain or loss for the portfolio of available-for-sale securities is reported on the income statement in the other gain or loss section.

Name: Any unrealized gain or loss for the portfolio of available-for-sale securities is reported on the income statement in the other gain or loss section.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Unrealized gains or losses for available-for-sale securities are reported in other comprehensive income, not on the income statement.

Any Unrealized Gain or Loss for the Portfolio of Available-For-Sale