THESE QUESTIONS ARE ON FOREIGN CURRENCY TRANSACTIONS.. CAN SOMEONE HELP ME?

MacBook Air Al apted Post had a credit trans Post's ended December 31. The functionalcurrency of A En subsidiary iunctional currencyisib currency which has not experienced significant inflation. of the country in whichitis located. subsidiary is the currency a Additionally, Post had a receivablef The weighted average exchange rate for the current year would be the appropriate exchange rate for translating of the previous year, this receivable for 200,000 foreigncurrency units (FCUs) was correctly in in Post s balance sheet at $110,000, when the receivable was collected on this Feb.15. The dollar $120,000. in Post scurrent year No No Yes Yes onsolidated equi muchshould be reported statement, how Yes No Yes as foreign exchange gain? b, $10,000 d, $40,000 apte uestion When remeasuring foreign currency financial statements into the functional currency, which of the following items would be remeasured using historical exchange rates? a. Inventories carried at cost b. Marketable equity securities reported at market value Bonds payable ld. Accrued liabilities Al rights reserved