I the gain is from the portfolio is the 10 added to each

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If the gain is from the portfolio, is the 10% added to each amount on the balance sheet? How is this reported on the balance sheet? Is the gain also reported on the income statement under other gains and losses?

  • Given: 2,100,000 of held-to-maturity debt securities
  • 1,100,000 mature in 2011, 600,000 mature in 2012, 400,000 mature in 2013
  • 210,000 gain on a sale from the held to maturity portfolio

Reference no: EM13597377

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