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Business, 20.11.2019 23:31 SmokeyRN

On september 3, 20x8, jackson corporation purchases goods for a u. s. dollar equivalent of $17,000 from a swiss company. the transaction is denominated in swiss francs (sfr). the payment is made on october 10. the exchange rates were: september 3: 1 swiss franc = $0.85 october 10: 1 swiss franc = 0.90 what entry is required to revalue foreign currency payable to u. s. dollar equivalent value on october 10?

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On september 3, 20x8, jackson corporation purchases goods for a u. s. dollar equivalent of $17,000 f...
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