What amount of unrealized loss should dey report


Dey Corp. began operations in 2005. An analysis of Dey's marketable securities portfolio acquired in 2005 shows the following totals at December 31, 2005, for available-for-sale and held-to-maturity securities:

Available-for-sale securities Held-to-maturity securities
Aggregate cost $45,000 $65,000
Aggregate market value 39,000 57,000

What amount of unrealized loss should Dey report in its December 31, 2005 balance sheet?

 

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Accounting Basics: What amount of unrealized loss should dey report
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