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Current rate method Temporal Method Remeasurement Rate - 1000 1.1 1100 1000 1.3 1300 Translation rate Assets: E" !" it II- II- Cash Accounts...

I made a chart of the temporal & current rate methods, the feedback is "In your example of the two methods, what happened to the retained earnings number in the last column?  You need to show the remeasurement gain/loss here somehow." I don't know what this mean, can you tell me how should I response, thank you!


Screen Shot 2018-07-01 at 2.32.47 AM.png

Screen Shot 2018-07-01 at 2.32.47 AM.png

Current rate method Temporal Method Remeasurement
Rate —- 1000 1.1 1100 1000 1.3 1300 Translation
rate Assets: E" !“ !“
i—t I—I- I—I- Cash
Accounts receivable Inventory 500 Total Current Assets 900 Property and equipment Less: Accumulated depreciation -200 1.1 -220 -200 1.3 -260 Total Assets 1700 1870 1700 2130 Liabilities and Equities d
0 Accounts payable 3
D Total current liabilities Long term debt xi ”\l
o o
o 0 Total liabilities H
O
0 Common Stock APIC on
O
O Retained Earnings 300 to balance Cumulative translation adjustment to balance -97 l" l" l" !" !"
w w H i—- i—- O
0 Total Equity Total Liabilities and equity 1870 1700 m U) I-l U.) 14:4 HHH
out» i—ni-n-i-I-

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