dark picture is your answer choices. Match the items...
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Accounting
dark picture is your answer choices.
Match the items in the left-hand column with the descriptions/explanations in the right-hand column. \begin{tabular}{|l|l|} \hline \multicolumn{1}{|c|}{ Hems } \\ \hline 1. Current exchange rate \\ \hline 2. Foreign entity goodwill under transiation \\ \hline 3. Credit translation adjustment for the year \\ \hline 4. Other comprehensive income- translation adjustment & \\ \hline 5. Translation & \\ \hline 6. Historical exchange rate & \\ \hline 7. Foreign entity goodwill under temeasurement \\ \hline 8. Remeasurement & \\ \hline 9. Debit transiation adjustment for the year & \\ \hline 10. Functional currency & \\ \hline \end{tabular} Method used to restate a foreign entity's financial statement when the local currency unit is the functional currency. Method used to restate a foreign entity's financial statements when the U.S. dollar is the functional currency. Currency of the environment in which an entity primarily generates and expends cash. Always the local currency unit of the foreign entity. Exchange rate at the end of the period. Exchange rate at the date of the asset acquisition or at the date of dividend declaration. Average exchange rate during the period. Periodic change in the cumulative translation adjustment. Method under which goodwill must be adjusted to the current exchange rate at the balance sheet date. Method under which goodwill is restated using the historical exchange rate. Increase in the Investment in Sub account. Decrease in the Investment in Sub account. Match the items in the left-hand column with the descriptions/explanations in the right-hand column. \begin{tabular}{|l|l|} \hline \multicolumn{1}{|c|}{ Hems } \\ \hline 1. Current exchange rate \\ \hline 2. Foreign entity goodwill under transiation \\ \hline 3. Credit translation adjustment for the year \\ \hline 4. Other comprehensive income- translation adjustment & \\ \hline 5. Translation & \\ \hline 6. Historical exchange rate & \\ \hline 7. Foreign entity goodwill under temeasurement \\ \hline 8. Remeasurement & \\ \hline 9. Debit transiation adjustment for the year & \\ \hline 10. Functional currency & \\ \hline \end{tabular} Method used to restate a foreign entity's financial statement when the local currency unit is the functional currency. Method used to restate a foreign entity's financial statements when the U.S. dollar is the functional currency. Currency of the environment in which an entity primarily generates and expends cash. Always the local currency unit of the foreign entity. Exchange rate at the end of the period. Exchange rate at the date of the asset acquisition or at the date of dividend declaration. Average exchange rate during the period. Periodic change in the cumulative translation adjustment. Method under which goodwill must be adjusted to the current exchange rate at the balance sheet date. Method under which goodwill is restated using the historical exchange rate. Increase in the Investment in Sub account. Decrease in the Investment in Sub account


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