None of the declines is judged to be other than temporary

Reference no: EM13600182

Cramer, Inc. began business on January 1, 2010 and at December 31, 2010 it had the following investment portfolios of equity securities:

Trading Available-for-Sale
Aggregate cost $150,000 $225,000
Aggregate market value $120,000 $185,000

None of the declines is judged to be other than temporary. Unrealized losses at December 31, 2010 should be recorded with corresponding charges against?

Reference no: EM13600182

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