IAS 21 provides that exchange differences/(gain/loss) arising on the settlement or remeasuring foreign currency transaction shall be recognized in Share premium Profit or loss Other comprehensive income Retained earnings
IAS 21 provides that exchange differences/(gain/loss) arising on the settlement or remeasuring foreign currency transaction shall be recognized in Share premium Profit or loss Other comprehensive income Retained earnings
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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- IAS 21 provides that exchange differences/(gain/loss) arising on the settlement or remeasuring foreign currency transaction shall be recognized in
Share premium
Profit or loss
Other comprehensive income
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