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Business, 07.12.2019 06:31 nataliem02

At the end of the first year of operations, the total cost of the trading securities portfolio is $245,000. total fair value is $250,000. the financial statements should show

a. an addition to an asset of $5,000 and a realized gain of $5,000.
b. an addition to an asset of $5,000 and an unrealized gain of $5,000 in the stockholders

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