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For Available-For-Sale Equity Securities,the Unrealized Loss on Long-Term Investments Account

Question 89

Multiple Choice

For available-for-sale equity securities,the Unrealized Loss on Long-Term Investments account should be reported as a(n)


A) realized loss item on the income statement.
B) prior period adjustment.
C) separate item in the stockholders' equity section of the balance sheet.
D) extraordinary item on the income statement.

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