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as of Md ter for ate on from ope's nds of Thai bahts Liabilities and Net Wo Asse Bangkok Instruments, Ltd. Balance Sheet, March 1.

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as of Md ter for ate on from ope's nds of Thai bahts Liabilities and Net Wo Asse Bangkok Instruments, Ltd. Balance Sheet, March 1. the Assets Cast th the B24,000 B18,000 Cash Accounts payable Bank loans Acc 36,000 ucial 60,000 Accounts rece Inv. receivable Inventory 48,000 18,000 Common stock Retained earnings Ne and Net plant and equipment 72,000 eqy 60,000 B168,000 B168,000 Exchange rates - 11.9 Bangkok Instruments, Ltd. (B). Using the original data provided for Bangkok Instruments, assum that the Thai baht appreciated in value from Bour to B25/$ between March 31 and April 1. Assuming no change in balance sheet accounts between thos two days, calculate the gain or loss from transia Dy both the current rate method and the tempe rom translation he temporal ethod. Explain the translation gain or loss in te of changes in the value of exposed accounts. as of Malli of Thai bahts Liabilities and Net Wor Bangkok Instruments, Ltd. Balance Sheet, March 1. thom Assets B24,000 B18,000 Cash Accounts payable Bank loans 36,000 60,000 Accounts receivable 48,000 Inventory 18,000 Common stock Retained earnings Net plant and equipment 72,000 60,000 B168,000 B168,000 Exchange rates for translating Siam Toy's balance sheet into U.S. dollars are: B40.00/$ April 1st exchange rate after 25% devaluation B30.00/$ B20.00/$ March 31st exchange rate, before, 25% devaluation. All inventory was acquired at this rate. Historic exchange rate at w plant and equipment were acqui vere acquired. Using the data b .1 1

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