What is accounting gain or loss under current rate

Assignment Help Financial Management

Reference no: EM131560994

cash 100 accounts payable 400

accounts receivable 400 long term debt 600

inventory 700 capital stock 200

net plant equipment 800 Retained Earnings 800

.10/Peso

.08/Peso

.12/Peso

what is accounting gain or loss under current rate?

what is accounting gain or loss under temporal method?

on January 1st value of inventories under temporal method?

January 1st value of Long term debt under temporal rate method?

Reference no: EM131560994

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