Hello what if you are not given beginning retained earnings and the company does not declare dividend on that year, how are you going to calculate exchange gain or loss?
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this is scenario 2 Niagara Falls at Canadian side. parent company is US company, sub is in Canada. your revenue, a/r, supply etc, all of this use USD. your functional currency is USD. that means on your B/S and I/S all is present in USD. why does it need to remeasure?
Hello sir, Thank you for this video, Excuse my silly question, I know it should be obvious, but is the Historical Rate the rate at 1/1? or is it the rate of purchase of the Fixed Asset?
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if you talk a little more faster and navigate through the screens even faster, it will make a lot more sense then and would be much easier for your students to follow.
Hello what if you are not given beginning retained earnings and the company does not declare dividend on that year, how are you going to calculate exchange gain or loss?
Well it's also applicable for US CMA , thanks alot sir
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Hello sir! what if you are not given the beginning retained earnings and the company do not declare dividend on that year?
this is scenario 2 Niagara Falls at Canadian side. parent company is US company, sub is in Canada. your revenue, a/r, supply etc, all of this use USD. your functional currency is USD. that means on your B/S and I/S all is present in USD. why does it need to remeasure?
thank you so much!
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Hello sir, Thank you for this video,
Excuse my silly question, I know it should be obvious, but is the Historical Rate the rate at 1/1? or is it the rate of purchase of the Fixed Asset?
Historical would be the rate at 1/1
Excellent information!
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what about the cash flow statement?
thank you
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thank u, plz upload part 4 :)
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Wheres part 4?
I haven't completed as of yet.
@@AccountingLectures thnk u
Any update on part 4?
if you talk a little more faster and navigate through the screens even faster, it will make a lot more sense then and would be much easier for your students to follow.