On November 12, Higgins, Inc., a U. S. Company, sold merchandise on credit to Kagome of Japan at a price of 1,500,000 yen. The exchange rate was $0.00837 per yen on the date of sale. On December 31, when Higgins prepared its financial statements, the exchange rate was $0.00843. Kagome paid in full on January 12, when the exchange rate was $0.00861. On December 31, Higgins should prepare the following journal entry: a. Debit Sales $90; credit Foreign Exchange Gain $90.
b. Debit Foreign Exchange Loss $90; credit Sales $90.
c. Debit Accounts Receivable-Kagome $90; credit Foreign Exchange Gain $90.
d. Debit Foreign Exchange Loss $90; Accounts Receivable-Kagome $90.
e. No journal entry is required until the amount is collected.

balanced lifestyle would be the type of lifestyle that fulfill all aspects of our life, including financial security, personal achievements, emotional balance, and intimate relationships with other people.

for me personally, the job that i would choose to achieve a balanced lifestyle is opening an online store.

online store can be managed from the comfort of our phone. if we are the owner of the store, we can determine our own working hours. we can arrange our working hours so we have time to do things such as taking care of children, cultivating romantic relationship, or do our hobby.

the page presents four different kinds of threats that volcanoes pose and what to do before, during, and after an eruption.

you get one warning and if you do something to violate the guidelines of after that you get kicked off.

mark as

answer; enforce the rules;