The Global Enterprise, Inc. company made an international sale for USS $1,500 dollars with date of June
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Question:
The Global Enterprise, Inc. company made an international sale for USS $1,500 dollars with date of June 15, 2016 (exchange rate, 2.977), whose collection was carried out in the same currency of July 22, 2016 (3.015 exchange rate).
Answer the following questions:
1) how was the sale?
(2) how much claimed the company for the transaction in July?
(3) make the accounting entries of wages of each transaction.
Related Book For
Applied Regression Analysis and Other Multivariable Methods
ISBN: 978-1285051086
5th edition
Authors: David G. Kleinbaum, Lawrence L. Kupper, Azhar Nizam, Eli S. Rosenberg
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