Question: All else being equal, when an unrealized gain on a trading security is recorded, the following financial statement effect will occur: Select one: There will

All else being equal, when an unrealized gain on a trading security is recorded, the following financial statement effect will occur:
Select one:
There will be an increase to total liabilities.
There will be a decrease to total paid in capital.
C. There will be a decrease to net income.
d. There will be an increase to total assets.

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