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Home Q & A Board Other Fields Homework Help Business Accounting
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Harrison Harrison
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6 years ago
A foreign-currency transaction gain/loss is reported on the:
A) balance sheet as an equity account
B) income statement as other revenues/expenses
C) income statement as an extraordinary item
D) not reported on the income statement but is adjusted by debiting or crediting Retained Earnings
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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msayed2004msayed2004
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#1
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6 years ago
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Harrison Author
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6 years ago
Good timing, thanks!
rileyjones420
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Yesterday
Thanks
gmiannotti
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2 hours ago
Thanks for your help!!
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