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On January 1, 2020, Pharma Co., a UK based company, borrowed 100.000 euros from a foreign bank by signing an interest bearing note due March
On January 1, 2020, Pharma Co., a UK based company, borrowed 100.000 euros from a foreign bank by signing an interest bearing note due March 31, 2021. The value in UK. ponds of the lean was as follows: Date Amount January 1, 2020 65000 December 31, 2020 110000 March 31, 2021 125000 How much foreign exchange gain or loss should be included in Pharma's 2020 income statement? OA 65000 B. E125000 C. E110000 D. 45000 Activate Window Go to Settings to activ
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