American TV purchases electronic parts from Toko Corporation of Japan on account for 50,000,000 yen when...

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I need help on this read from bottom to top. Image transcription text 7"} The second ?nancial statement to prepare is the statement of retained earnings. To determine the ending balance of...
American TV Corporation had two foreign currency transactions during December 2011, as follows: December 12 Purchased electronic parts from Toko Company of Japan at an invoice price of 50,000,000 yen...
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