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stion 9 5 points Apple Incorp., a U.S.-based company exported iPhones and Apple watches to a foreign customer on July 10, for 170,000 foreign currency

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stion 9 5 points Apple Incorp., a U.S.-based company exported iPhones and Apple watches to a foreign customer on July 10, for 170,000 foreign currency (FC). The goods cost Apple U.S. dollars 95,000. Payment is due September 10. Apple uses the perpetual inventory system. Following are exchange rates for FC 1. (5 Points) Date U.S. dollar per FC July 10 $0.80 August 31 0.77 September 10 0.75 Prepare the necessary journal entries for Apple assuming the company prepares its financial statements on August 31. (Please leave a line between entries). For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). R T U S Paragraph Arial V 14px

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