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Peerless Corporation (a U.S. company) made a sale to a foreign customer on September 15, for 107,000 crowns. It received payment on October 15. The
Peerless Corporation (a U.S. company) made a sale to a foreign customer on September 15, for 107,000 crowns. It received payment on October 15. The following exchange rates for 1 crown apply:
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