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2 Norton Co. a US corporation, sold inventory on December 1, 2020, with payment of 10,000 British pounds to be moved in sity days. The

2 Norton Co. a US corporation, sold inventory on December 1, 2020, with payment of 10,000 British pounds to be moved in sity days. The print exchange s amount of foreign exchange gain or loss should be recorded on January 307 December 1 Spot rate $1.7241 December 31 Spot rate $1.8182 January 30 Spot rate $1.6666 OA $1,516 gain O, $1,516 loss. OC $500 gain OD.$500 loss Moving to another question will save this response DELL Activate Windows do to PC settings to a Wind Question 3 of 16

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