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How do I record the year 2004 on the journal.1(a)...

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How do I record the year 2004 on the journal.1(a) Complete the foreign currency translation table 5 4 1 Cummulative Investment Exchange Investment Change In Change In Year in CAD Rate in USD USD Value USD Value 2004 100,000 0.830979 83,098 2005 100,000 0.857927 85,793 2,695 2,695 2006 100,000 0.858222 85,822 30 2,724 2007 100,000 0.101204 101,204 15,382 18,106 1(b) Complete entries for following items: Date Account descriptions Debit Credit To record purchase of 12/31/04 Investment 85,793 subsidiary (100% 85,793 land assets),here is the jounal

 

Paper#5905 | Written in 18-Jul-2015

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