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Gkiln Co., a U.S. corporation, sold inventory on credit to aBritish company on March 8, 2020. Gkiln received payment of 35,000British pounds on April 8,

Gkiln Co., a U.S. corporation, sold inventory on credit to aBritish company on March 8, 2020. Gkiln received payment of 35,000British pounds on April 8, 2020. The exchange rate was £1 = $1.65on Ma 2 answers

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