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Using Quickbooks Online accounting database, Which 2 statements are true about home currency adjustments? (Select all that apply) Home currency adjustments affect credit card accounts

Using Quickbooks Online accounting database, Which 2 statements are true about home currency adjustments?

(Select all that apply)

  • Home currency adjustments affect credit card accounts as an unrealized gain or loss.

  • Home currency adjustments always affect Accounts Receivable as an unrealized gain

  • Home currency adjustments affect bank accounts as a realized gain or loss.

  • Home Currency adjustments appear as journal entries and certain lines can appear as $0.00.

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