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In the balance sheet the market value of short

In the balance sheet the market value of short - income...

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In the balance sheet the market value of short-term available-for-sale securities is classified as short- term investments, also known as marketable securities, and the unrealized gain (loss) account  balance of $15,000 is considered a stockholders' equity account and is part of comprehensive 
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Unformatted text preview: income. When the balance is a net loss, it is subtracted from stockholders' equity. A partial balance sheet for Brothers Quartet, showing the current assets and the stockholders' equity sections, follows:...
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