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Norton Co., a U.S. corporation, sold inventory on December 1,2020 to a foreign customer, with payment of 10,000 British poundsto be received in sixty days.

Norton Co., a U.S. corporation, sold inventory on December 1,2020 to a foreign customer, with payment of 10,000 British poundsto be received in sixty days. The pertinent exchange rates aregiven in 2 answers

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