CPA NINJA

On the balance sheet at Fair Value, as current assets

Unrealized gains/losses are recorded on the Income Statement

If they are reclassified as held-to-maturity or available-for-sale, there is no effect upon transfer.

On the balance sheet, at fair value as either current or non-current assets.

Unrealized gains/losses are included in OCI (Other Comprehensive Income)

If reclassified as held-to-maturity, unrealized G/L go to Stockholder's Equity

If reclassified as trading securities, unrealized G/L recognized in current period.

On the balance sheet at amortized cost as current or non-current assets.

Unrealized gains or losses are not applicable.

If reclassified as available-for-sale, unrealized G/L go to Stockholder's Equity

If reclassified as trading securities, unrealized G/L recognized in current period