Gain/Loss on Translation for each method: Current=>Goes in Shareholder Equity as CTA Temporal=>Goes into the I/S as ???
Temporal=>Goes into the I/S as G/L from currency exchange just before NI.
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temporal goes on IS, but when translating, the “plug” to find the amount is: BoP RE (translated) + Net Income (translated) + currency G/L = EoP RE (translated) the EoP RE solves the equation so that A = L+SE In the Current method. The plug is just the translated amount that goes into Equity to make everything balance.
ty