w TH Exchange Rates January 1 0.73 March 1 0.74 November 1 0.77 December 31 0.80 Average 0.75 Sun Time Company Trial Balance at December 31 Directions: Translate the December 31 trial balance from Swiss francs to USD. Account Swiss Francs Rate US Dollars 3 Cash 7,000 Accounts Receivable, net 20,000 7 Receivable from Popular Creek 5,000 Inventory 25,000 9 Plant and Equipment 100,000 10 Cost of Goods Sold 70,000 11 Depreciation Expense 10,000 12. Other Expenses 30,000 13 Dividends 15,000 14 Total Debits 282,000 15 16 17 Accumulated Depreciation 10.000 19 Accounts Payable 12,000 2 Bonde Payable 50.000 Common Stock 60,000 122 Sales TE000 01 Total 222.000 Acumulated OCI - Translation Adjustment 25 Total Credits 222 Rate US Dollar 7000 0.73 0.14 5.000 2.00 to. Art - Cash Accounts Receivable net Receivable from Popular Creek wory 10 Plent and Equipment 11 Cost of Good Sold 12 Depreciation pense Other Espen 14 Odende Teca Bentupi Total Deli Change Rates leuary 1 Merch November December 31 Aver 0.77 0.00 0.75 1 10.000 M1.000 15. Wordsheet for COGS A USO med Deprecation 10.000 Sandwykle 50.000 Commode Les 150.000 Tutti COGA