The income statement reports changes in fair value for which type of securities?

Stephnie Patout: Answer: BChanges in fair value of trading securities is reported in income statement.Securities reported under the equity method is carried at cost plus (less) share in net income (share in net loss) less dividends received.Held-to-maturity securities is carried at cost plus (less) discount (premium) amortization.Changes in fair value of Available for Sale Securities is reported in the equity section of the balance sheet....Show more