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Clark Stone purchases raw material from its foreign supplier,Rinne Clay, on May 8. Payment of 1,500,000 foreign currency units(FC) is due in 30 days. May

Clark Stone purchases raw material from its foreign supplier,Rinne Clay, on May 8. Payment of 1,500,000 foreign currency units(FC) is due in 30 days. May 31 is Clarkâ??s fiscal year-end. Thepertine 2 answers

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