Date July 1,2023(date borrowed) $265,000 December 31,2023(Mifflin's year-end)258,800 July 1,2024(date...
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Question
Accounting
Date July date borrowed $ December Mifflins yearend July date repaid In Its Income statement, what amount should Mifflin Include as a forelgn exchange galn or loss on the note? Multiple Choice $ gain $ loss $ gain $ loss
Date
July date borrowed $
December Mifflins yearend
July date repaid
In Its Income statement, what amount should Mifflin Include as a forelgn exchange galn or loss on the note?
Multiple Choice
$ gain
$ loss
$ gain
$ loss
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