Methods used to account for transactions between companies in different nations when goods are received on one
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Methods used to account for transactions between companies in different nations when goods are received on one date and the invoice is paid on another date include:
a. Time-of-transaction method.
b. Time-of-settlement method.
c. Current-rale method.
d. a and b are correct.
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Related Book For
Accounting A Business Perspective
ISBN: 9780075615859
7th Edition
Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher
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