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Subject Topic: To remember AVS ,Trading and HTM (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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shasso2000
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Posted: 12 Mar 2009 at 01:06 | IP Logged  

Unrealized gains and losses:

AVS go to Accumulated other comperhinsive income

or AS goes to B/S  balance sheet

so trading goes to income statement

reclassification

AVS ---->> Maturity

1- unrealized G/L goes to AOCI

2-A--->M  AMortize G/L over remaining life of security

I hope it helps to memorize

 

 

 



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janeqq
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Posted: 12 Mar 2009 at 05:45 | IP Logged  

thanks shasso, it really helps. You should be a teacher!
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shasso2000
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Posted: 13 Mar 2009 at 00:01 | IP Logged  

janeqq wrote:
thanks shasso, it really helps. You should be a teacher!

Thanks for the compliment

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Partnership liquidatin n nonliquidatin distribution (no more confusing)
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