FAIR VALUE THROUGH NET INCOME (FV-
watch for the statement
other investment income and losses are all reported
in one investment income account".
OR, if there is a
portfolio of investments.
Rather than using interest/dividend income, can
use "Investment income or loss"
In this case, changes in FV also flow through
"Investment income or loss".
When the investment is sold:
Record gain or loss on disposal (based on current