Currency translation adjustments

Assignment Help Accounting Basics

Reference no: EM13128237

Foreign currency translation adjustments arising from translation of the financial statements of a foreign subsidiary are reported in:

a. stockholders' equity of the foreign subsidiary.

b. revenue or expenses of the foreign subsidiary.

c. consolidated net income of the parent company and the foreign subsidiary.

d. stockholders' equity of the parent company.

Reference no: EM13128237

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