Refer to the information in question 52.Assume the U.S.dollar is the functional currency,not the pound.Prepare a schedule providing a proof of the remeasurement gain or loss.Assume that the British subsidiary had the following monetary assets and liabilities at January 1,2008:

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The Answer of Refer to the information in question 52.Assume the U.S.dollar is the functional currency,not the pound.Prepare a schedule providing a proof of the remeasurement gain or loss.Assume that the British subsidiary had the following monetary assets and liabilities at January 1,2008:

Refer to the Information in Question 52