Question: When trading securities are transferred to available - for - sale securities , the unrealized gain or loss at the time of transfer is recognized

When trading securities are transferred to available-for-sale securities, the unrealized gain or loss at the time of transfer is
recognized in income.
not recognized income.
used to decrease stockholders' equity.
not included on the income statement.
When trading securities are transferred to

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!