schweser book6: P1: AM: Q16: net income

it is temporal method, so the net income will include translation gain/loss if use current method, then should use include translation gain/loss in balance sheet? if so, which part? retained earnings? Thanks.

Comp. Income

so, it won;t show up on balance sheet, it will be included in a footnote? Thanks. Niblita75 Wrote: ------------------------------------------------------- > Comp. Income

It is on the balance sheet as a CTA. It is a part of Comp Income