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Using the exchange rates presented, translate Stony Harbor s 1 2 / 3 1 / 2 0 2 4 trial balance. For accounts that use

Using the exchange rates presented, translate Stony Harbors 12/31/2024 trial balance. For accounts that use historical rates and a date is not listed, use 1/1/22. Use the reconciliation at the bottom to help solve for the Retained Earnings beginning balance. It's been started for you. All yellow boxes need to be filled in.EXCHANGE RATES - US DOLLAR FOR 1 LOCAL CURRENCY
Using the exchange rates presented, translate Stony Harbor's 12/31/2024 trial balance. For accounts that
use historical rates and a date is not listed, use 1/1222. Use the reconciliation at the bottom to help solve for the
Retained Earnings beginning balance. It's been started for you. All yellow bowes need to be filled in.
Check your work for the current method only by calculating the translation adjustment using the changes in
net assets. This method is shown in the PowerPoint slides and on page 497.
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