When the billing for a U.S.company's sale to a company in a foreign country is denominated in U.S.dollars,________ is required when preparing journal entries for the sale.
A)translation to a foreign currency
B)conversion to a foreign currency
C)translation to U.S.dollars
D)no translation

Question

Quizplus · Accepted Answer

Since the sale is denominated in U.S. dollars, no translation or conversion is required. The journal entries can be recorded in U.S. dollars directly.

When the Billing for a U