1. Can realized gain be termed as fx gains and an unrealized gain be termed as fx...

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1. Can realized gain be termed as fx gains and an unrealized gain be termed as fx loss.

2. Can unrealized gains be netted off a realized gain in a financial statement or recognised separately per IFRS standards.

3. How would a bank revaluation credit balance be treated in the books of a company.

Related Book For answer-question

Financial Accounting Theory

ISBN: 978-0132984669

7th edition

Authors: William R. Scott

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Posted Date: Apr 17, 2023 02:45 AM

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1. Can realized gain be termed as fx gains and an unrealized gain be termed as fx...

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Expert Answer:

No realized gain and fx gain are not interchangeable terms Realized gain refers to a gain that has b... View the full answer

Financial Accounting Theory

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