If the functional currency for bull limited is the us, Accounting Basics

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If the functional currency for bull limited is the us

Case Study Questions -

1. If the functional currency for BULL LIMITED is the US dollar, prepare the financial statements of BULL LIMITED at 30 June 2018 in the presentation currency of the Australian dollar. (Provide full calculations)

2. Verify the foreign currency translation adjustment. (Provide full calculations)

Small task, need it as per the guidelines.

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Accounting Basics: If the functional currency for bull limited is the us

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