Question 3 2pt A net unrealized loss on a company's portfolio of investment...
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A net unrealized loss on a company's portfolio of investment securities considered availableforsale should be reflected in the current financial statements as
An extraordinary item shown as a direct deduction from retained earnings.
A current loss on the income statement and a valuation to the securities on the balance sheet.
A footnote or parenthetical disclosure.
A valuation allowance to the securities and a deduction from the equity section on the balance sheet.
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