Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. when a company sells a short - term available - fo

when a company sells a short - term available - for - sale security, the...

60.1K

Verified Solution

Question

Accounting

when a company sells a short - term available - for - sale security, the gain on the Sale of the Investment in Available - for - sale Securities accounts reported on the: I think its C but not sure. A. revenue section of the income statement. B. other revenues and gains section of the income statement. C. current assets section of the balance sheet. D. stockholders' equity section of the balance sheet.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A charge of uniform linear density 2.20 nC/m is distributed along a long, thin, nonconducting rod....

Physics
Q

2 Two pendulums have time period T and 5T 4 They starts SHM at the...

Physics
Q

Solve by completing the square.x + 12x - 5 =0x = 6-?41 or x =...

Basic Math
Q

20 Sketch a graph of each equation Label all key point a 4x 9y 36...

Calculus
Q

b Find the sum of 3x 4 and 2x 10

Algebra
Q

Arthur Baxter, a manager in records retention for SWC Company, has ordered seven laptop computers...

Accounting
Q

2.Suppose you deposited $75,000 in a bank account that pays 2.50% with daily compounding based...

Accounting
Q

1) What is meant by Factoring of Accounts Receivables? 2) List 3 advantages of Factoring...

Accounting
Q

The length of time covered by a set of periodic financial statements, primarily a year...

Accounting
Q

Tum Tum Fodbol Bled lunch and other perts en TMLS mich we wis pradet Bed...

Accounting
Q

Using Rule of 72, Calculate the No of years it will take to double your...

Finance
Q

please help me to solve these questions: Use the following information ...

Accounting