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Trial balance doesn't match balance sheet by the amount of foreign AR/AP
Hi,
I revalue USD accounts at the end of every month and the Balance Sheet appears to report the value on that day. However, the trial balance uses the un-revalued amounts and so my USD AR and AP do not match the Balance Sheet by the amount of the exchange gain/loss.
Is this normal? How do I correct this? I would think that the two should match.
Thanks,
Jon
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