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Which 2 statements are true about currency revaluations?(Select all that apply) They affect credit cards as an unrealized gain or loss They affect bank accounts
Which 2 statements are true about currency revaluations?(Select all that apply)
- They affect credit cards as an unrealized gain or loss
- They affect bank accounts as a realized gain or loss
- They always affect accounts receivable as an unrealized gain
- They always appear as adjusting journal entries
- Amounts for Accounts Payable and Receivable lines in currency revaluations appear as $0.00
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