Connect 2 Semester Access Card for Financial and Managerial Accounting
Connect 2 Semester Access Card for Financial and Managerial Accounting
6th Edition
ISBN: 9780077633059
Author: John Wild, Ken Shaw
Publisher: McGraw-Hill Education
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Chapter C, Problem 16DQ
To determine

Unrealized gain or loss:

In accounting, realized and unrealized gain and losses are different. A realized gain or loss results from a completed transaction and an unrealized gain or loss results from an uncompleted transaction or a transaction that has occurred on paper only. For example, an increase in stock’s price is an unrealized gain until it is not sold to else.

The amount of change in net unrealized gains for its AFS investment in 2013.

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Connect 2 Semester Access Card for Financial and Managerial Accounting

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