Intercompany loan and exchange rate realized and unrealized category
We just started to repay a intercompany loan that was made to us in Euros. Of course I have a massive loss. We have paid half of the loan off with 89k in exchage loss. But because of the journal entry, the unrealized loss is currently 84k but I don't know what to do with this. My reading states both go on the PNL but I wonder should the unrealized (or both for that matter) should be on the balance sheet until it is fully repaid and fully realized?
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