Explain how translating a foreign balance sheet for inclusion in a multinationals domestic balance sheet can violate

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Explain how translating a foreign balance sheet for inclusion in a multinational’s domestic balance sheet can violate the accounting identity.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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