Question: Indicate on which financial statement (the statement of financial position, income statement, or statement of changes in equity) each of the following accounts would be
Indicate on which financial statement (the statement of financial position, income statement, or statement of changes in equity) each of the following accounts would be reported. Also give the appropriate financial statement classification (such as current assets, non-current assets, shareholders' equity, and other revenues and expenses). Assume all trading investments are accounted for using the fair value through profit or loss model.
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Financial Statement Classification A bond investment that will mature next year Dividend revenue from a trading investment Investment in associate Investment of a few hundred common shares in a large publicly traded_ company that is held for trading purposes A bond investment that management intends to hold for 10 years Realized gain on a trading investment Unrealized gain on a trading investment pividends receved from a strategic investment accounted for using the equity method Interest earned on a trading investment
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