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American Co., purchased sony television from a company domiciles in Japan. The contract was denominated in $100,000. The direct exchange spot rate on this date
American Co., purchased sony television from a company domiciles in Japan. The contract was denominated in $100,000. The direct exchange spot rate on this date was $0.0523. Select one: O a. Account receivable $100,000 O b. Accounts receivable $523 O c. Account payable $100,000 O d. Account Payable $523
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