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On 31 March 2017, CQ Ltd sold some plants on credit to a company in France for 7,000 euros. The exchange rate at that date
On 31 March 2017, CQ Ltd sold some plants on credit to a company in France for 7,000 euros. The exchange rate at that date was 1euro: 0.80. No entry has been made in the accounts for this transaction.
How to deal with it in the statement of financial position and statement of profit or loss and statement of changes in equity?
Subtract from ...PPE?
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