Question: On July 1 , 2 0 2 3 , Mifflin Company borrowed 2 3 0 , 0 0 0 euros from a foreign lender, evidenced

On July 1,2023, Mifflin Company borrowed 230,000 euros from a foreign lender, evidenced by an interest-bearing note due on July 1,2024. The note is denominated in euros. The US. dollar equivalent of the note principal is as follows:
\table[[Date,Amount],[July 1,2023(date borrowed),$240,000
On July 1,2023, Mifflin Company borrowed 230,000 euros from a foreign

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