Question

3. Match the items in Column I with those in Column II Column I Answers Column...

3. Match the items in Column I with those in Column II

Column I Answers Column II
A-Unrealized holding gains and losses from Available for Sale Securities
A liability
B-
Contra Asset
Applies to financial statements of nongovernmental entities
C- ASC 825-10-05-5
Recognized in Income from Continuing Operations
D- FASB Accounting Standards Codification
Allowance for Doubtful Accounts
E- Unrealized holding gains and losses from Trading Securities
Fair Value Option
F- Unearned Revenue
Recognized as a Component of Other Comprehensive Income
Business   Accounting   
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Answer #1

Matching

Column I Column II
A-Unrealized holding gains and losses from Available for Sale Securities Recognized as a Component of Other Comprehensive Income
B) Contra assets Allowance for Doubtful Accounts
C- ASC 825-10-05-5 Fair Value Option
D-FASB Accounting Standards Codification Applies to financial statements of nongovernmental entities
E- Unrealized holding gains and losses from Trading Securities Recognized in Income from Continuing Operations
d) Unearned revenue Liability
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