7 - CODE AND NAME OF THE ACCOUNT WILL BE DEBT 100 01 TL CASE XXX 100 02 DOLLAR CASE XXX 646 01 EXCHANGE PROFIT XX Which transaction belongs to the accounting record made? A) Year-end appraisal has been made to the FC in the vault. B) The bank received foreign currency from DTH. C) Foreign currency was bought with a positive exchange rate difference. D) Foreign currency has been sold due to negative exchange rate difference. E) Foreign currency has been sold with a positive exchange rate difference.
7 - CODE AND NAME OF THE ACCOUNT WILL BE DEBT 100 01 TL CASE XXX 100 02 DOLLAR CASE XXX 646 01 EXCHANGE PROFIT XX Which transaction belongs to the accounting record made? A) Year-end appraisal has been made to the FC in the vault. B) The bank received foreign currency from DTH. C) Foreign currency was bought with a positive exchange rate difference. D) Foreign currency has been sold due to negative exchange rate difference. E) Foreign currency has been sold with a positive exchange rate difference.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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7 - CODE AND NAME OF THE ACCOUNT WILL BE DEBT
100 01 TL CASE XXX
100 02 DOLLAR CASE XXX
646 01 EXCHANGE PROFIT XX
Which transaction belongs to the accounting record made?
A) Year-end appraisal has been made to the FC in the vault.
B) The bank received foreign currency from DTH.
C) Foreign currency was bought with a positive exchange rate difference.
D) Foreign currency has been sold due to negative exchange rate difference.
E) Foreign currency has been sold with a positive exchange rate difference.
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