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17 DD Inc., a Philippine company, bought machine parts from a foreign country on March 1, 20x4 for 30,000 foreign currency units (FCU), when the

17 DD Inc., a Philippine company, bought machine parts from a foreign country on March 1, 20x4 for 30,000 foreign currency units (FCU), when the spot rate for FCU was P0.4895. DD's year-end was March ...

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