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The transaction has to be recorded on the Financial Statements in the Company's currency.

Whenever a Financial Statement is published, any gains or losses caused by changes in the exchange rate are recorded as adjustments to the affected balance sheet accounts on the income statement.

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The transaction has to be recorded on the Financial Statements in the Company's currency.

Whenever a Financial Statement is published, any gains or losses caused by changes in the exchange rate are recorded as adjustments to the affected balance sheet accounts on the income statement.