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Old Company (a U.S. company) purchased goods from a Japanese company on December 16,2020 . Payment of 4,000,000 yen ( ) was due on January
Old Company (a U.S. company) purchased goods from a Japanese company on December 16,2020 . Payment of 4,000,000 yen ( ) was due on January 16,2021. Exchange rates between the dollar and the yen were as follows: Old company will record a foreign exchange recorded on January 16,2021. Fill in the blank
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