Answered: For fi nancial assets classifi ed as…

For fi nancial assets classifi ed as trading securities, how are unrealized gains and lossesrefl ected in shareholders’ equity?A . Th ey are not recognized.

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter13: Marketable Securities And Derivatives

Section: Chapter Questions

Problem 3Q

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For fi nancial assets classifi ed as trading securities, how are unrealized gains and losses
refl ected in shareholders’ equity?
A . Th ey are not recognized.

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