In accordance with both IFRS and U.S. GAAP, choose what is the treatment of the translation adjustment
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Question:
In accordance with both IFRS and U.S. GAAP, choose what is the treatment of the translation adjustment under the Current Method?
1. it appears on the Income Statement as a gain or loss
2. it appears on the Balance Sheet in the owners equity section.
Expert Answer:
The detailed answer for the above question is provided below Under both IFRS Int... View the full answer
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