Question: On its December 3 1 , 2 0 2 4 , balance sheet, Blossom Company reported its investment in equity securities , which cost $
On its December balance sheet, Blossom Company reported its investment in equity securities which cost $ at fair value of $ The equities were acquired during At December the fair value of the securities was $ If Blossom Company uses fair value method, what should Blossom report on its as a result of the increase in fair value of the investments in
Realized gain of $ on OCl
$ on income statement or balance sheet
Unrealized loss of $ on income statement
Unrealized gain of $ on income statement
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