On December 1, 2009, Mason Company delivered a shipment of goods to a Swiss customer for a price of 150,000 euros. If on that date 1.3 U.S. dollars could be exchanged for 1 euro, what entry would Mason record to convert the receivable to equivalent U.S. dollars?

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The Answer of On December 1, 2009, Mason Company delivered a shipment of goods to a Swiss customer for a price of 150,000 euros. If on that date 1.3 U.S. dollars could be exchanged for 1 euro, what entry would Mason record to convert the receivable to equivalent U.S. dollars?

On December 1, 2009, Mason Company Delivered a Shipment of Goods