Interest earned on investments in bonds

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Identify where each of the following items would be reported in the financial statements.

1. Interest earned on investments in bonds.

2. Market adjustment-available-for-sale.

3. Unrealized loss on available-for-sale securities.

4. Gain on sale of investments in stock.

5. Unrealized gain on trading securities. Use the following possible categories:

Balance sheet:

Current assets

Current liabilities

Investments

Long-term liabilities

Property, plant, and equipment

Stockholders' equity

Intangible assets




Income statement:

Other revenues and gains

Other expenses and losses

Reference no: EM13527237

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