Under IFRS, unrealized gains on non-trading stock investments should: (a) be reported as other revenues and gains

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Under IFRS, unrealized gains on non-trading stock investments should:

(a) be reported as other revenues and gains in the income statement as part of net income.

(b) be reported as other gains on the income statement as part of net income.

(c) not be reported on the income statement or balance sheet.

(d) be reported as other comprehensive income.

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Financial And Managerial Accounting

ISBN: 9781118004234

1st Edition

Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt

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