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  • Acc 142 - Ho 5

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    This document discusses foreign exchange transactions and translation. It provides 4 problems that examine direct vs indirect quotations, importing and exporting transactions, and the temporal vs current rate methods for remeasurement and translation. The problems are from an accounting course taught by Almirah Tabao Amin and use materials from Bryan Christian Villaluz.

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    ACC-142_HO-5

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    This document discusses foreign exchange transactions and translation. It provides 4 problems that examine direct vs indirect quotations, importing and exporting transactions, and the temporal vs current rate methods for remeasurement and translation. The problems are from an accounting course taught by Almirah Tabao Amin and use materials from Bryan Christian Villaluz.

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    © All Rights Reserved
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    4 views3 pages

    Acc 142 - Ho 5

    Uploaded by

    hamidacali1212
    This document discusses foreign exchange transactions and translation. It provides 4 problems that examine direct vs indirect quotations, importing and exporting transactions, and the temporal vs current rate methods for remeasurement and translation. The problems are from an accounting course taught by Almirah Tabao Amin and use materials from Bryan Christian Villaluz.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    ACC 142: ACCOUNTING FOR BUSINESS COMBINATIONS

    HANDOUT #5 - FOREIGN EXCHANGE TRANSACTIONS & TRANSLATION


    Problem #1: Direct Quotation VS Indirect Quotation

    Problem #2: Importing Transaction

    Instructor: Almirah Tabao Amin, CPA | RC-Al Khwarizmi International College, Marawi City | A.Y. 2022-2023
    Source: Bryan Christian Villaluz, CPA | iCPA AFAR Masterclass & Pinnacle CPA Review Center
    ACC 142: ACCOUNTING FOR BUSINESS COMBINATIONS
    Problem #3: Exporting Transaction

    Instructor: Almirah Tabao Amin, CPA | RC-Al Khwarizmi International College, Marawi City | A.Y. 2022-2023
    Source: Bryan Christian Villaluz, CPA | iCPA AFAR Masterclass & Pinnacle CPA Review Center
    ACC 142: ACCOUNTING FOR BUSINESS COMBINATIONS
    Problem #4: Remeasurement (Temporal Method) VS Translation (Current Rate Method)

    Instructor: Almirah Tabao Amin, CPA | RC-Al Khwarizmi International College, Marawi City | A.Y. 2022-2023
    Source: Bryan Christian Villaluz, CPA | iCPA AFAR Masterclass & Pinnacle CPA Review Center

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