What is the reason for this reporting difference

Assignment Help Accounting Basics
Reference no: EM13865477

Where are unrealized gains and losses reported for available-for-sale securities? Where are unrealized gains and losses reported for trading securities? What is the reason for this reporting difference?

Reference no: EM13865477

Questions Cloud

Billy using ethical reasoning what should billy do? why? : Identify the stakeholders and their interests in this case Evaluate the alternative courses of action for Billy using ethical reasoning What should Billy do? Why?
A rise in money supply cause a large rise : Under what circumstances will (a) A rise in investment and (b) A rise in money supply cause a large rise in national income?
What are consolidated financial statements : What are consolidated financial statements and what do they attempt to accomplish?
Informative positions on cloning and embryonic stem cell : A discussion in my Anatomy & Physiology class, can you please assist with some information Cloning and stem cell research could lead to significant amelioration of spinal cord injuries. These injuries currently have the gloomy prognosis of being perm..
What is the reason for this reporting difference : Where are unrealized gains and losses reported for available-for-sale securities? Where are unrealized gains and losses reported for trading securities? What is the reason for this reporting difference?
Billy take prior to deciding on the offer of tick and check? : Provide reasons why you think he should or should not. Is there any other action you suggest Billy take prior to deciding on the offer of Tick and Check? Why do you recommend that action?
Ways of doing business to meet the consumers : What conclusions can you draw from your research that would demonstrate the role played by managed care in the behavioral health industry? If you were a manager of a behavioral healthcare organization, what changes would you bring to your ways of doi..
The aggregate demand curve to be steep : Using ISLM analysis, explain what would cause the aggregate demand curve to be steep.
What would you do if you were in sharon position? : Assume Jose and Emily report to Sharon, the manager of the school district audit. Should they inform Sharon of their concerns? Why or why not? Assume they don inform Sharon but she finds out from another source What would you do if you were in Sharon..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Bloom orchards produced a good crop of peaches this year

bloom orchards produced a good crop of peaches this year. after preparing the following income statement the company

  Level of accounts receivable needed to support sales

a. What is the level of accounts receivable needed to support this sales expansion? b. What would be Collins's incremental aftertax return on investment?

  Prepare a schedule indicating cash payments for operating

Acherman Company was organized on May 31 of the current year. Projected operating expenses for each of the first three months of operating are as follows: June $64000, July $81000, August $104500.

  Ending work in process problem

During the period, the Bottling Department completed 60,000 liters, including 3,000 liters of work in process at the beginning of the period. The ending work in process was 5,000 liters. How many liters were started and completed during the period..

  Profit equation of hockory cabinet and furniture company

The hockory Cabinet and furniture Company makes chairs. The fixed cost per month of making chairs is $7,500, and the variable cot per chair is $40. Price is related to demand according to the following linear equation.

  Computation of the percentage-of-completion

An error was made in the computation of the percentage-of-completion of the current year's ending work-in-process inventory. The error resulted in assigning a higher percentage-of-completion to each component of the inventory than actually was the..

  Stockholders equity section of cohen canoes

Prepare the stockholders equity section of Cohen Canoes Inc., balance sheet at May 31. The ending balance of retained earnings is $55,000.

  Wenner furnace corp purchased machinery for 334800 on may 1

wenner furnace corp. purchased machinery for 334800 on may 1 2012. it is estimated that it will have a useful life of

  Video planet vp sells a big screen tv package consisting of

video planet vp sells a big screen tv package consisting of a 60-inch plasma tv a universal remote and on-site

  For purposes of external reporting not-for-profits unlike

for purposes of external reporting not-for-profits unlike governments in their governmental fund statements do not

  Impact of audit reports

Determine the stakeholders impacted by audit reports. Analyze the impact of audit reports for each category of stakeholders.

  Given the current scenario at what number of units cost

lone mountain extraction which mines ore in idaho uses a calendar year for both financial-reporting and tax purposes.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd