Question: When a debt security is appropriately carried and reported as available-for-sale, a gain should be reported in the income statement: O A) When the fair

When a debt security is appropriately carried and reported as available-for-sale, a gain should be reported in the income statement: O A) When the fair value of the security increases. B) Only when the security is sold. C) When the present value of the security increases. D) Only when the Dow Jones Industrial Average increases at least 100 points
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