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Unrealized gains and losses on trading securities should be presented in the:

A. Statement of financial position.

B. Income statement.

C. Notes to the financial statements.

D. Statement of retained earnings.

Accounting Cost Accounting Financial Accounting CMA managerial accounting
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Date Posted: 2015/02/13
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VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Answer option (B)  >>>>>>>>>>>>>>  Income statement.

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D. Statement of retained earnings.

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