What the intercompany payable and receivable be


Problem: After a foreign affiliate's statements have been translated or remeasured, the intercompany payable and receivable should be Multiple choice question. adjusted for the exchange rate differences in the other comprehensive income. added to the monetary accounts and disclosed on the consolidated balance sheet. at the same U.S. dollar value and can be eliminated. deducted from the balances of the payable and receivable accounts balances in the individual company records.

 

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Accounting Basics: What the intercompany payable and receivable be
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