What is the justification of authoritative guidance for including unrealized holding gains and losses on trading securities

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What is the justification of authoritative guidance for including unrealized holding gains and losses on trading securities in income but reporting unrealized holding gains and losses on securities available for sale in Accumulated Other Comprehensive Income, a separate shareholders’ equity account?

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Financial Accounting an introduction to concepts, methods and uses

ISBN: 978-0324789003

13th Edition

Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis

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