Financial information for Toro Enterprises at the end of 2011 is as follows:

Relevant exchange rates are as follows:

In addition, the computed retained earnings balance from the prior year's translated financial statements is $2,405,000 at the end of 2011.
Prepare a translated trial balance for Toro Enterprises.

Question

Financial information for Toro Enterprises at the end of 2011 is as follows:
  
Relevant exchange rates are as follows:
  
In addition, the computed retained earnings balance from the prior year's translated financial statements is $2,405,000 at the end of 2011.
Prepare a translated trial balance for Toro Enterprises.

Quizplus · Accepted Answer

The Answer of Financial information for Toro Enterprises at the end of 2011 is as follows:
  
Relevant exchange rates are as follows:
  
In addition, the computed retained earnings balance from the prior year's translated financial statements is $2,405,000 at the end of 2011.
Prepare a translated trial balance for Toro Enterprises.

Financial Information for Toro Enterprises at the End of 2011