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Allushta [10]
3 years ago
11

Each of the three categories of investments in debt and equity securities has similar accounting for all of the following transa

ctions except
a. recognition of dividend and interest income
b. initial recording of cost
c. recognition of unrealized holding gains and losses
d. recognition of realized gains or losses on sales
Business
1 answer:
Arlecino [84]3 years ago
7 0

Answer:

d. recognition of realized gains or losses on sales

Explanation:

In the case of trading securities, the non-realized gain and losses should be recorded in the income statement. So at the time when securties are sold so here the realized gain are distinct as compared to the afs and htm securties

So as per the given situation, the option d is correct

And, the same should be considered

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c

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From the following examples, which one correctly defines a leader?
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Answer:

A

Explanation:

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8 0
2 years ago
A company bills customers for services provided. the company records this transaction with a:_______
geniusboy [140]

A company bills customers for services provided. the company records this transaction with a  Debit Accounts Receivable.

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6 0
1 year ago
Allocative efficiency means that ___________.
frutty [35]

Answer:

D. society’s scarce resources are used to produce products that align with consumer preferences

Explanation:

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