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What is the effect on the realized exchange gain

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Reference no: EM132635337

Problem - You have turned on Multicurrency with USD as the home currency, and you have created an invoice for $1,000. The exchange rate for an invoice on the date of the transaction is 1.16849. It is the end of the year and you want to revalue the euro currency to the current exchange rate of 1.163061 for the outstanding invoice. What is the effect on the realized exchange gain/loss account?

Reference no: EM132635337

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