Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik

تمرين 32

Acme Corporation (a U.S.company located in Sarasota, Florida) has the following import/export transactions in 2011:
Currency exchange rates for 1 peso for 2011 are as follows:
For each of the following accounts, how much will Acme report on its 2011 financial statements
a.Inventory.
b.Cost of Goods Sold.
c.Sales.
d.Accounts Receivable.
e.Accounts Payable.
f.Cash.