Dey corp. began operations in 2005. an analysis of deys, Ask an Expert

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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, Accounting

Category:- Accounting Basics
Reference No.:- M953474

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