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6 . A U . S . company executed a series of transactions in a foreign country during 2 0 2 2 . The appropriate
A US company executed a series of transactions in a foreign country during The appropriate exchange rates during were as follows:
Exchange
Date Rate
June $
August $
December $
The following transactions occurred during :
June Bought inventory of on credit.
Aug. Sold all inventory for on credit.
Required:
Prepare all journal entries in US dollars along with any December adjusting entries.
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