The adjusting entry for available-for-sale investments contains a credit to unrealized gain on available-for-sale investment...

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Accounting

The adjusting entry for available-for-sale investments contains a credit to unrealized gain on available-for-sale investment for ( $ 500 ). The income statement will reflect nothing other income of ( $ 500 ) an addition to net sales of ( $ 500 ) an extraordinary gain of ( $ 500 )
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The adjusting entry for available-for-sale investments contains a credit to unrealized gain on available-for-sale investment for $500. The income statement will reflect nothing other income of $500 an addition to net sales of $500 an extraordinary gain of $500

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