Question: Match the following transactions, which are denominated in a foreign currency, with the appropriate foreign currency and exchange gain or losseffects. Matching Foreign Effect Appreciates

Match the following transactions, which are denominated in a foreign currency, with the appropriate foreign currency and exchange gain or losseffects.

Matching Foreign Effect Appreciates Appreciates Depreciates Depreciates Foreign or Loss Loss Gain Gain Loss Transaction Currency Exchange Gain Transaction Letter a. Export sale b. Import purchase c. Foreign currency receivable d. Payable in foreign currency

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