3 - CODE AND NAME OF THE ACCOUNT WILL BE DEBT 121 02 Foreign Currency Receivables XXX 120 02 Foreign Buyer XXX Which transaction belongs to the journal entry made above? A) Submission of the policy for collection B) Refund record of the policy C) Acceptance record of the policy D) Guarantee record of the policy E) Registration of collection from foreign buyer
3 - CODE AND NAME OF THE ACCOUNT WILL BE DEBT 121 02 Foreign Currency Receivables XXX 120 02 Foreign Buyer XXX Which transaction belongs to the journal entry made above? A) Submission of the policy for collection B) Refund record of the policy C) Acceptance record of the policy D) Guarantee record of the policy E) Registration of collection from foreign buyer
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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3 - CODE AND NAME OF THE ACCOUNT WILL BE DEBT
121 02 Foreign Currency Receivables XXX
120 02 Foreign Buyer XXX
Which transaction belongs to the
A) Submission of the policy for collection
B) Refund record of the policy
C) Acceptance record of the policy
D) Guarantee record of the policy
E) Registration of collection from foreign buyer
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