The realization of a previously unrealized gain or loss during a given period has no effect on the company's total shareholder equity.

Question

Quizplus · Accepted Answer

The realization of a previously unrealized gain or loss during a given period has no effect on the company's total shareholder equity because the gain or loss has already been recognized in the company's income statement and, therefore, has already been reflected in the company's total shareholder equity.

The Realization of a Previously Unrealized Gain or Loss During