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A company reports a \$4,000 unrealized loss from trading securities on its income statement. How does this affect the company's equity?
What are unrealized gains and losses in the context of trading securities?
Where do unrealized gains and losses from trading securities appear?
How is dividend revenue from trading securities classified on the income statement?
LMN Company sold its trading securities for \$60,000, which were last valued at \$55,000. How should the realized gain be recorded?
Why is dividend revenue from trading securities considered non-operating revenue?
On June 30th, DEF Company's stock had a market value of \$90 per share, up from \$85 per share at the last valuation. DEF holds 200 shares. What is the journal entry for the unrealized gain?
A company reports a \$3,000 unrealized gain from trading securities on its income statement. How does this affect the company's equity?
DEF Company sold its trading securities for \$25,000, which were last valued at \$20,000. What is the journal entry for the realized gain?
XYZ Company sold its trading securities for \$50,000, which were last valued at \$45,000. How should the realized gain be recorded?