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Expound on how FAS 8 addresses translation issues and alteration of exchange rates in the income statement, balance sheet and Stockholders equity statements?

Expound on how FAS  8 addresses translation issues and alteration of exchange rates in the income statement, balance sheet and Stockholders" equity statements?

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FAS 8 also known as Financial Accounting Standards Board FASB Statement No 8 addresses the translation of foreign currency financial statements and th... blur-text-image

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