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-9 Translation with Strengthening U.S. Dollar Refer to the data in Exercise E12-5, but now assume that the exchange rates were as follows: The receivable

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-9 Translation with Strengthening U.S. Dollar Refer to the data in Exercise E12-5, but now assume that the exchange rates were as follows: The receivable from Popular Creek Corporation is denominated in Swiss francs. Popular Creek's books show a $3,650 payable to SunTime. Assume the Swiss frane is the functional currency. Required a. Prepare a schedule translating the December 31,20X1, trial balance from Swiss francs to dollars. b. Compare the results of Exercise E12-5, in which the dollar is weakening against the Swiss franc during 20X1, with the results in this exercise (E12-9), in which the dollar is strengthening against the Swiss franc during 20X1

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