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ThienAn01
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Mọi người giúp e với ạh
Assume that John Bull co. acquired machinery from a swiss manufactures in a transaction denominated in swiss francs in 2014, exchange rate was CHF 1 = €.65. The price paid was CHF 250000. At the transaction date, John Bull co.records the machinery at € 162000.
Exchange rate
2014 CHF 1= €.63, 2015 CHF1 =€.60. WHAT the balance of machinery in the year end 2014 and 2015 statement of financial positions?
Assume that John Bull co. acquired machinery from a swiss manufactures in a transaction denominated in swiss francs in 2014, exchange rate was CHF 1 = €.65. The price paid was CHF 250000. At the transaction date, John Bull co.records the machinery at € 162000.
Exchange rate
2014 CHF 1= €.63, 2015 CHF1 =€.60. WHAT the balance of machinery in the year end 2014 and 2015 statement of financial positions?
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