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16 A points Swagt Co purchased inventory from a Japanese company on December 18, 2020. Payment of 4,000,000 yen () was due on January 18,

16 A points Swagt Co purchased inventory from a Japanese company on December 18, 2020. Payment of 4,000,000 yen () was due on January 18, 2021. Exchange rates between the dar und the y follows: Date: December 18, 2020 Exchange Rate 1-$0.0068 December 31, 2020) 1 $0.0071 January 18, 2021 1-$0.0075 Required: Prepare all journal entries for Swagt Co. in connection with the purchase and payment For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) B B IUS Paragraph EE Arial xx < 3 10pt [+] v E EV Av 24 Ix0 r Actival Windows Go PC settings to activate Wa

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