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entity records transactions in US dollars. a sale resulted in receivable denominated in yen, and purchase of goods resulted in payable denominated in euros. a
entity records transactions in US dollars. a sale resulted in receivable denominated in yen, and purchase of goods resulted in payable denominated in euros. a foregin exchange gain from the receivable and exchange loss from the payable. did the number of foreign currency unit exchange for a dollar increase or decrease between contract settlement?
yen: increase or decrease? euro: increase or decrease?
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