CMA Part 2 Book, Section A, Pages 79 and 101

[Lynn Roden]

In the Income Statement examples that appear on pages 79 and 101, the gains and losses should be identified as realized or unrealized.

Under "Investment Incomes and expenses:"

• The line "Gains/(losses) on trading securities," should be "Unrealized gains/(losses) on trading securities."
• The line "Gains/(losses) on available for sale securities" should be "Realized gains/(losses) on available for sale securities."

Under "Information from Notes to the Financial Statements:"

• The line "Gain/(loss)" should be "Realized Gain/(loss)"

Lynn