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Krisco Bricks purchases raw material from its foreign supplier,Olivian Clay, on May 8. Payment of 2,000,000 foreign currency units(FC) is due in 30 days. May

Krisco Bricks purchases raw material from its foreign supplier,Olivian Clay, on May 8. Payment of 2,000,000 foreign currency units(FC) is due in 30 days. May 31 is Krisco's fiscal year-end. Thepert 2 answers

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