Form ACCESO MUM Chapter 11 Homework Help Save & Submit Check my work 3 2.75 E11-6 Transactions with Foreign Companies LO 11-2 Harris Inc. had the following transactions 1. On MayHarris purchased parts from a Japanese company for a US dollar equivalent value of 56,400.0 be paid on June 20. The exchange rates were 1 yen - 50.0070 yen . 2 On July 1. Harris sold products to a Brasilian customer for a US dollar equivalent of $10,000 to be received on August 10 local currency unit is the real. The exchange rates were al 3.0 real Required Assume that the two transactions are denominated in US dolar, Prepare the entries required for the dates of the transactions and the settlement in US dollars. Of no entry is required for a transaction/event, select "No journal entry required in the first account field) ME CE Proy 34 Next > Chapter 11 Homework Saved Help Save & Submit alts! Check my work 3 Required: a. Assume that the two transactions are denominated in U.S. dollars. Prepare the entries required for the dates of the transactions and their settlement in US dollars. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. First 2.75 points View transaction ist View journal entry worksheet Box NO General Journal Debit Credit Data May 01 Salle 1 6.400 Inventory (or Purchase Accounts payable 6,400 References IN 3400 2 June 20 Accounts payable Cash 6400 10,000 3 July 01 Accounts receivable Sales 10,000 10,000 4 August 10 Cash Accounts receivable 10.000 Scholar Rents Florida tercei Forex AGCT 12 Chapter 11 Homework Helo Save & Smit Results 3 Check my b. Assume that the two transactions are denominated in the applicable local currency units of the foreign entities. Prepare the entries Tequired for the dates of the transactions and their settlement in the local currency units of the Japanese company yee and the Brazilian customer real). If no entry is required for a transaction/event, select "No journal entry required in the first accountfield Round your intermediate calculations and final answers to nearest whole number mily First 275 portal View transition for Journal entry worksheet degli > Record the foreign purchase denominated in Japanese yen 7401 det be Creat Date May 01 Dab 2.400 General Journal Inventory for Puchos Account Myat M 6400 3 Chapter 11 Home X Mail-Craft Colleen - Outlook X + ducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https% Blackboard Logih Da CPA Exam De Scholarships Rents La Florida mework Saved b. Assume that the two transactions are denominated in the applicable local curre required for the dates of the transactions and their settlement in the local currenc Brazilian customer (real). Of no entry is required for a transaction/event, select Round your intermediate calculations and final answers to nearest whole numb View transaction that Journal entry worksheet MOV 10 MacBook Air $ A % 5 * 6 7 0 # 8 9 R T Y U Chapter 11 Home X Mal Craft Cailee. Outlook X + education.com/ext/map/index.html?con conexternal browserslaunchurehttps%25 e Slackboard Login CPA Exam Scholarship Rent Horide Lite mework b. Assume that the two transactions are denominated in the applicable local currenc required for the dates of the transactions and their settlement in the local currency Brazilian customer real. If no entry is required for a transaction/event, select "No Round your intermediate calculations and final answers to nearest whole number View transaction et Journal entry worksheet NUR 10 4 A MacBook Air ** * 5 6 & 7 8 R T Y U ucation.com/extmapIndex.html?_con conexternal_browser=0&launchurl=https2 Blackboard Login CPA Exam Scholarships Ronis Morida Life work 6 Assume that the two transactions are denominated in the applicable local currenc required for the dates of the transactions and their settlement in the local currency Brazilian customer (real) if no entry is required for a transaction/event, select "No Round your intermediate calculations and final answers to nearest whole number View transaction lit Journal entry worksheet W 10 A MacBook Air A % 5 & 7 8 9 P. T Y U ion.com/edmapindex.html?_con conexternal browser=0&launchuriahttps%2! Blackboard Login CPAram Scholarships Rents a Florida Life work . Assume that the two transactions are denominated in the applicable local currenc required for the dates of the transactions and their settlement in the local currency Brazilian customer real. Of no entry is required for a transaction(event, select "No Round your intermediate calculations and final answers to nearest whole number.) View transactions Journal entry worksheet 10 4 MacBook Air % 5 & 7 6 8 9 R. T Y U d Craft Cole - Outlook + ducation.com/ext/map/indexhtml?_con=con Bendera browserslaunchurisht 25 Blackboard Login CPA Eum Scholarships Rents la Florida il teir ework D. Assume that the two transactions are denominated in the applicable local currency required for the dates of the transactions and their settlement in the local currency uni Brazilian customer real. Of no entry is required for a transaction/event, select "No jo Round your intermediate calculations and final answers to nearest whole number) View transaction Journal entry worksheet 104 MacBook Air pe * % A & 6 8 9 2 T Y U 0 Blackboard Login CPA Exam Scholarships Rents Florida Lite Saunchuriahttps work 6 Sad Assume that the two transactions are denominated in the applicable local currenc equired for the dates of the transactions and their settlement in the local currency Brazilian customer real). Of no entry is required for a transaction(event, select "No Round your intermediate calculations and final answers to nearest whole number View transactionat Journal entry worksheet 104 MacBook Air 4 one % 5 6 & 7 8 R . Y U 0 F G H HO HRIAdicale completion 3 . Assume that the two transactions are genominata in the applicable local currency units of the foreign enes. Prepare the entes required for the dates of the transactions and their settlement in the local currency units of the Japanese company tyen and the Brazilian customer real. Of no entry is required for a transaction/event, select "No journal entry required in the first account field Round your intermediate calculations and final answers to nearest whole number 275 DO Answer is not complete. No Date May 01 Dahl Create 1 General Journal Inventory for Purchases) Accounts payable 1,400 2 June 20 Foreign currency transactions Accounts payat 3 June 20 Foreign currency 4 Account 5 10.000 Wy01 Accource) Sale 10.000 6 August 10 Actor BRL) Foreign centration an 00 00 7 A10 FL) Accounce Form ACCESO MUM Chapter 11 Homework Help Save & Submit Check my work 3 2.75 E11-6 Transactions with Foreign Companies LO 11-2 Harris Inc. had the following transactions 1. On MayHarris purchased parts from a Japanese company for a US dollar equivalent value of 56,400.0 be paid on June 20. The exchange rates were 1 yen - 50.0070 yen . 2 On July 1. Harris sold products to a Brasilian customer for a US dollar equivalent of $10,000 to be received on August 10 local currency unit is the real. The exchange rates were al 3.0 real Required Assume that the two transactions are denominated in US dolar, Prepare the entries required for the dates of the transactions and the settlement in US dollars. Of no entry is required for a transaction/event, select "No journal entry required in the first account field) ME CE Proy 34 Next > Chapter 11 Homework Saved Help Save & Submit alts! Check my work 3 Required: a. Assume that the two transactions are denominated in U.S. dollars. Prepare the entries required for the dates of the transactions and their settlement in US dollars. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. First 2.75 points View transaction ist View journal entry worksheet Box NO General Journal Debit Credit Data May 01 Salle 1 6.400 Inventory (or Purchase Accounts payable 6,400 References IN 3400 2 June 20 Accounts payable Cash 6400 10,000 3 July 01 Accounts receivable Sales 10,000 10,000 4 August 10 Cash Accounts receivable 10.000 Scholar Rents Florida tercei Forex AGCT 12 Chapter 11 Homework Helo Save & Smit Results 3 Check my b. Assume that the two transactions are denominated in the applicable local currency units of the foreign entities. Prepare the entries Tequired for the dates of the transactions and their settlement in the local currency units of the Japanese company yee and the Brazilian customer real). If no entry is required for a transaction/event, select "No journal entry required in the first accountfield Round your intermediate calculations and final answers to nearest whole number mily First 275 portal View transition for Journal entry worksheet degli > Record the foreign purchase denominated in Japanese yen 7401 det be Creat Date May 01 Dab 2.400 General Journal Inventory for Puchos Account Myat M 6400 3 Chapter 11 Home X Mail-Craft Colleen - Outlook X + ducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https% Blackboard Logih Da CPA Exam De Scholarships Rents La Florida mework Saved b. Assume that the two transactions are denominated in the applicable local curre required for the dates of the transactions and their settlement in the local currenc Brazilian customer (real). Of no entry is required for a transaction/event, select Round your intermediate calculations and final answers to nearest whole numb View transaction that Journal entry worksheet MOV 10 MacBook Air $ A % 5 * 6 7 0 # 8 9 R T Y U Chapter 11 Home X Mal Craft Cailee. Outlook X + education.com/ext/map/index.html?con conexternal browserslaunchurehttps%25 e Slackboard Login CPA Exam Scholarship Rent Horide Lite mework b. Assume that the two transactions are denominated in the applicable local currenc required for the dates of the transactions and their settlement in the local currency Brazilian customer real. If no entry is required for a transaction/event, select "No Round your intermediate calculations and final answers to nearest whole number View transaction et Journal entry worksheet NUR 10 4 A MacBook Air ** * 5 6 & 7 8 R T Y U ucation.com/extmapIndex.html?_con conexternal_browser=0&launchurl=https2 Blackboard Login CPA Exam Scholarships Ronis Morida Life work 6 Assume that the two transactions are denominated in the applicable local currenc required for the dates of the transactions and their settlement in the local currency Brazilian customer (real) if no entry is required for a transaction/event, select "No Round your intermediate calculations and final answers to nearest whole number View transaction lit Journal entry worksheet W 10 A MacBook Air A % 5 & 7 8 9 P. T Y U ion.com/edmapindex.html?_con conexternal browser=0&launchuriahttps%2! Blackboard Login CPAram Scholarships Rents a Florida Life work . Assume that the two transactions are denominated in the applicable local currenc required for the dates of the transactions and their settlement in the local currency Brazilian customer real. Of no entry is required for a transaction(event, select "No Round your intermediate calculations and final answers to nearest whole number.) View transactions Journal entry worksheet 10 4 MacBook Air % 5 & 7 6 8 9 R. T Y U d Craft Cole - Outlook + ducation.com/ext/map/indexhtml?_con=con Bendera browserslaunchurisht 25 Blackboard Login CPA Eum Scholarships Rents la Florida il teir ework D. Assume that the two transactions are denominated in the applicable local currency required for the dates of the transactions and their settlement in the local currency uni Brazilian customer real. Of no entry is required for a transaction/event, select "No jo Round your intermediate calculations and final answers to nearest whole number) View transaction Journal entry worksheet 104 MacBook Air pe * % A & 6 8 9 2 T Y U 0 Blackboard Login CPA Exam Scholarships Rents Florida Lite Saunchuriahttps work 6 Sad Assume that the two transactions are denominated in the applicable local currenc equired for the dates of the transactions and their settlement in the local currency Brazilian customer real). Of no entry is required for a transaction(event, select "No Round your intermediate calculations and final answers to nearest whole number View transactionat Journal entry worksheet 104 MacBook Air 4 one % 5 6 & 7 8 R . Y U 0 F G H HO HRIAdicale completion 3 . Assume that the two transactions are genominata in the applicable local currency units of the foreign enes. Prepare the entes required for the dates of the transactions and their settlement in the local currency units of the Japanese company tyen and the Brazilian customer real. Of no entry is required for a transaction/event, select "No journal entry required in the first account field Round your intermediate calculations and final answers to nearest whole number 275 DO Answer is not complete. No Date May 01 Dahl Create 1 General Journal Inventory for Purchases) Accounts payable 1,400 2 June 20 Foreign currency transactions Accounts payat 3 June 20 Foreign currency 4 Account 5 10.000 Wy01 Accource) Sale 10.000 6 August 10 Actor BRL) Foreign centration an 00 00 7 A10 FL) Accounce