AppendixD+quiz+10F++solutions

AppendixD+quiz+10F++solutions - a True b False Unrealized...

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AppendixD quiz 10F Name__________________-Section____________________ The equity method should generally be used to account for an investment in stock when the level of ownership is a. less than 10%. b. between 10% and 20%. c. between 20% and 50%. d. 10% or more. Trading Securities are shown at Market on the balance sheet a. True b. False Available for Sale securities are shown at market on the balance sheet
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Unformatted text preview: a. True b. False Unrealized gain or loss from available for sale securities is recorded in Stockholder’s equity A. True B. False Unrealized gain or loss from trading securities is recorded in Stockholder’s equity a. True b. False Realized gains are always income statement items a. True b. False...
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This note was uploaded on 01/18/2012 for the course ACCT 207 taught by Professor Hudchinson during the Fall '08 term at University of Delaware.

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