Where to report certain securities

[archived_user]

I’m getting confused remebering which type of security goes on the balance sheet, income statement, or OCI.
Unrealized G/L on AFS = OCI
Realized G/L always go to IS right?
Unrealized G/L on held for trading = I”m not sure?
Any clarification would be great, thanks!

 

[archived_user]

wichertj wrote: I’m getting confused remebering which type of security goes on the balance sheet, income statement, or OCI.

All securities go on the balance sheet.

wichertj wrote: Unrealized G/L on AFS = OCI

Yes.

wichertj wrote: Realized G/L always go to IS right?

Yes.

wichertj wrote: Unrealized G/L on held for trading = I”m not sure?

Income statement.
Same for held-to-maturity.

wichertj wrote: Any clarification would be great, thanks!

You’re welcome.
I hope that that was enough.

 

[archived_user]

Thanks!

 

[archived_user]

My pleasure.