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According to US GAAP, unrealized foreign exchange losses (Foreign Exchange Loss) They must be recorded in the statement of income and expenses in the period
According to US GAAP, unrealized foreign exchange losses (Foreign Exchange Loss)
They must be recorded in the statement of income and expenses in the period that the rate changes.
The balance sheet must be deferred until a foreign exchange gain occurs.
They should be deferred in the balance sheet until the cash is paid.
They should not be recognized until cash is received to complete the transaction.
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