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Zugar Company is domiciled in a country whose currency is the dinat Zugar begins 2020 with three assets: cash of 21,800 dinars. accounts recelvoble of

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Zugar Company is domiciled in a country whose currency is the dinat Zugar begins 2020 with three assets: cash of 21,800 dinars. accounts recelvoble of 80,700 dinars, and land thot cost 207,000 dinars when acquired on April 1, 2019. On January 1, 2020, Zugar has a 157,000 dinar note payable, and no other liabilities. On May 1, 2020, Zugar renders services to a customer for 127,000 dinars, which was immediately paid in cash. On June 1, 2020, Zugar incurred a 107,000 dinar operoting expense, which was immediately paid in cash. No other vansactions occurred during the year. Currency exchange rates for 1 dinar follow: C. Assume that Zugar is a foreign subsidiary of a U.S. multinational company that uses the U.S dollar as its reporting currency. Assume also that the dinar is the subsidiary's functional currency. What is the translation adjustment for this subsidiary for the year 2020 ? olso that the US dollar is the subsidiary's functional currency Whal company that uses the U.S. doliar as its reporting currency. Assume c. Assume that Zugar is a foreign subsidiary of a US. multinational co is the remeasurement gain or loss for 2020? translated value of the Land occount? On the December 31,2020 pany. On the December 31,2020 , balance sheet, what is the account? (input all amounts os positive.)

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