Quention $4$

Not yet

Behd Company, a U$.$S$.$ firm, sold some of its inventory to ldinburgo Company, a company based in Scotland, on November $27,20$X$4,$ when the local currency unit $($the pound Sterling, "GaP"$)$ was

arsated trading at $$1\mathrm{.}64.$ The sales agreement called for Edinburgo to pay $140\mathrm{.}000$ GBP on lanuary $26\mathrm{.}2005.$

Points out of $7\mathrm{.}0$

Additional exchange rates are shown below

$$ Magquetion

December $31,20044$$$1\mathrm{.}7125$

January $26.20$X$5$ $$1\mathrm{.}7220$

Record all journal entries for Behd Company on $11/27/$X$4.12/31/$X$4$ and $1/26/05.$ Be sure to identify floating amounts with the proper foreign cumency $($i$.$e$.$ GBP$)$ for full ovedit.