For available-for-sale investments, state
• Reporting method used
• How unrealized holding gain or loss is reported
• Balance sheet effects
• Income statement effects
Available-for-Sale Investments:
Reporting method used
How unrealized holding gain or loss is reported
Balance sheet effects
Income statement effects
What will be an ideal response
Available-for-Sale Investments:
Reporting method used Fair value
How unrealized holding gain or loss is reported Included in Other Comprehensive Income and reported as a separate component of stockholders' equity
Balance sheet effects
The investment is reported as a current or long-term asset on the balance sheet depending on management's intent.
Income statement effects
Dividend or interest revenue is reported on the income statement.
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