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Augustine Imports imported crystal from England at a total invoice price of 84.000 pounds On August 1. the date of purchase the exchange rate was
Augustine Imports imported crystal from England at a total invoice price of 84.000 pounds On August 1. the date of purchase the exchange rate was $2 = 1 pound. On September 10, the invoice was paid wh was $175 = 1 pound. What is the entry for payment of the invoice? 147.000 Accounts Payable O A Foreign-Currency Transaction Loss Cash 21.000 168.000 Accounts Payable OB 168.000 Cash 168.000 Accounts Payable 84.000 Cash 84.000 168,000 Accounts Payable Cash Foreign Currency Transaction Gain 147 000 21.000
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