Navas 27 April 2020 at 13:25 PM

A decline in the value of an available-for-sale debt security below cost that is deemed to be other than temporary should
A) Not be realized until the security is sold.
B) Be treated as a realized loss and included in the determination of net income for the period.
C) Be accumulated in a valuation allowance resulting from the passage of time.
D) Be treated as an unrealized loss and included in the equity section of the balance sheet as a separate item.