For questions 1-12, choose from the following list and place your choice on the answer sheet

Average rate

Historical rate

Current rate

Mixed rate

Assume the translation method:

1. A/R

2. Machine

3. RE

4. Rent expense

5. Comm stock

6. Bonds Payable

For questions G L, assume the remeasurement method

7. Cash

8. Land

9. Service revenue

10. Machine

11. Unearned revenue

12. A/P

1. If the indirect rate = .84, find the direct rate