Foreign currencies translated into us dollars
Question: When foreign currencies are translated into US Dollars, where does the difference go? For example, is there a loss or gain? If so, is it recognized?
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When foreign currencies are translated into US Dollars, where does the difference go? For example, is there a loss or gain? If so, is it recognized?
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Emerging Issues Task Force (EITF) related to Accounting for Multiple Exchange Rates, Issue No. 10B.
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