Assets Revaluation What Is It, Journal Entry, Examples
Revalued exchange rates can affect the value of foreign-held assets’ book values. If the aforementioned currency revaluation occurred, any assets held by a U.S. company in the foreign economy would need to be revalued. Revaluations can affect the exchange rate between countries and the values of foreign-held assets, requiring a revaluation of those assets. As … Read more