Question: A . January 1 , 2 0 2 4 B . October 1 , 2 0 2 4 C . December 3 1 , 2

A. January 1,2024
B. October 1,2024
C. December 31,2024
D. Average, 2024
E. Composite, using multiple dates.
Identify the exchange rate used to translate items 1-5 when the functional currency is the foreign currency:
1. Land.
2. Equipment.
3. Bonds payable.
4. Common stock.
5. Retained earnings.
Identify the exchange rate used to remeasure the items 6-10 when the functional currency is the U.S. dollar:
6. Land.
7. Equipment.
8. Bonds payable.
9. Common stock.
10. Retained earnings.
A . January 1 , 2 0 2 4 B . October 1 , 2 0 2 4 C

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