This preview shows page 1. Sign up to view the full content.
Unformatted text preview: E11-16A b. January 30, 20X7, debit to inventory = $47,400 E11-18 b. Combined net loss of ($15,000) in 20X1 and 20X2 P11-21 1. July 3 credit to Foreign Currency Transaction Gain = $36 P11-23A b. January 30, 20X2, debit to Inventory = $61,200 P11-24 Part I, b. Foreign Currency Transaction Gain for 20X5 = $100 P11-28B b. December 31, 20X1, adjusting entry credit to Other Comprehansive Income - $10,000 P11-31 Transaction 3, Foreign Currency Exchange Gain = $1,000...
View Full Document
- Fall '10
- Financial Accounting