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Business, 15.07.2019 20:10 salmirakayy4579

The functional currency of dahl inc.’s subsidiary is the european euro. dahl borrowed euros as a partial hedge of its investment in the subsidiary. in preparing consolidated financial statements, dahl’s debit balance of its translation adjustment exceeded its exchange gain on the borrowing. how should the translation adjustment and the exchange gain be reported in dahl’s consolidated financial statements

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The functional currency of dahl inc.’s subsidiary is the european euro. dahl borrowed euros as a par...
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