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Title: If a company has elected the fair value option, where are gains and losses resulting from adjusting ... Post by: Haleyharris1 on Jul 22, 2018 If a company has elected the fair value option, where are gains and losses resulting from adjusting these accounts to fair value reported?
A) Unrealized Gains are reported as part of Other Comprehensive Income while Unrealized losses are reported as part of Net Income. B) Unrealized Gains are reported as part of Net Income, while Unrealized Losses are reported as part of Other Comprehensive Income. C) Unrealized Gains and Losses are both reported as part of Net Income. D) Unrealized Gains and Losses are both reported as part of Other Comprehensive Income. Title: If a company has elected the fair value option, where are gains and losses resulting from adjusting ... Post by: lheck874 on Jul 22, 2018 Content hidden
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