inernational accounting

Exercise (3) On 11/1, Sun sells goods for 500 euros on account. The customer pays on 1/30, and cash is converted on that date. . Pertinent rates: Gain (Loss) Date Spot rate 11/1 $1.35 12/31 $1.36 1/30 $1.38 Acct Rec $675 $680 $690 $5 $10 Exercise (3) On 11/1, Sun sells goods for 500 euros on account. The customer pays on 1/30, and cash is converted on that date. . Pertinent rates: Gain (Loss) Date Spot rate 11/1 $1.35 12/31 $1.36 1/30 $1.38 Acct Rec $675 $680 $690 $5 $10