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

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
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
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

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...
View Full Document

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.

Ask a homework question - tutors are online