Course Name: Advanced Financial Accounting , no hand wring or pictures , explain answers

1. Write down in front of each item in the table below the appropriate exchange rate required under both current rate method and temporal method using current rate, historical rate, and average rate. (2.5 marks)

Account title	Required Exchange Rate under current rate method	Required Exchange Rate under temporal method
Cash
Accounts receivable
Inventory
Notes receivable
Plant assets
dividends
Cost of goods sold
Depreciation expense
Other expenses
Sales
Accumulated depreciation
Accounts payable
Notes payable
Common stocks
Retained earnings

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