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A U.S. Corp. purchased machine from a French firm on July 1, 2019, when a Euro cost $0.75. The U.S. firm will be required to

A U.S. Corp. purchased machine from a French firm on July 1, 2019, when a Euro cost $0.75. The U.S. firm will be required to pay the French manufacturer 200,000 Euros on August 1, 2019, when the Euro costs $0.69, the journal entry on July 1 includes

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