How does the accounting for a cash transaction with a foreign company differ from a transaction with

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How does the accounting for a cash transaction with a foreign company differ from a transaction with a U.S. company if 

(a) The payment or receipt is in USD 

(b) The payment or receipt is in a foreign currency?

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Related Book For  book-img-for-question

Corporate Financial Accounting

ISBN: 978-0357510384

16th Edition

Authors: Carl S Warren, Jeff Jones

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