ACCT 559 help A Guide to career/Snaptutorial ACCT 559 help A Guide to career/Snaptutorial | Page 8

Ps.
Weighted average, 2012
January 1, 2013
Weighted-average rate for 2013
December 31, 2013
Cumulative translation adjustment (credit) on
December 31, 2012 consolidated balance sheet
Subsidiary's common stock issued when
exchange was $.45=C$1
Subsidiary retained earnings at Dec. 31, 2012
Canadian dollar
Translated figure
Exchange rates for translation purposes:
US$
C$
January 1, 2013
April 1, 2013
June 1, 2013
Weighted-average for 2013
December 31, 2013
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