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Describe which statement is false

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Question 1: Which statement is false?

Option 1: An unrealized gain or loss on hold-to-maturity marketable securities is recognized in income.

Option 2: An unrealized gain or loss on trading securities is recognized in income.

Option 3: An unrealized gain or loss on a company's common stock held by the owners' of the company is not recognized by the company.

Option 4: An unrealized gain or loss on available-for-sale marketable securities is not recognized in income

Reference no: EM132586569

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