ACC440 - 11

ACC440 - 11 - StoneCorporation TrialBalanceTranslation...

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Thomas Masterson ACC 440 Stone Corporation Trial Balance Translation December 31, 20X8 Account Balance in FC Relevant Exchange Rate Balance in Dollars Cash 2,253,000  FC $1.42 $3,199,260  Net Accounts Receivable 5,580,000  1.42 7,923,600  Inventory (Note A) 6,200,000  1.42 8,804,000  23,650,000  1.42 33,583,000  (7,265,000) 1.42 (10,316,300) Accounts Payable (3,290,000) 1.42 (4,671,800) Unearned Revenue (2,437,000) 1.42 (3,460,540) Bonds Payable (10,200,000) 1.42 (14,484,000) Accrued Expenses (2,180,000) 1.42 (3,095,600) Common Stock (5,000,000) 1.10 (5,500,000) Paid-In-Capital in Excess of Par (1,600,000) 1.10 (1,760,000) (4,550,000) Note D (5,339,500) Sales (24,000,000) 1.40 (33,600,000) Cost of Goods Sold (Note A) 18,010,000  1.40 25,214,000  4,829,000  1.40 6,760,600  Cumulative Translation Adjustment
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ACC440 - 11 - StoneCorporation TrialBalanceTranslation...

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