1.Create cash flow statement assuming the purchase of fixed assets for JPY 10,000 with an exchange rate of 100 at the time of purchase and 80 at the time of payment, with the payment completed by the end of the period. 2.Create cash flow statement assuming purchased fixed assets for JPY 10,000 with an exchange rate of 100 at the time of purchase, and the exchange rate was 80 yen at the time of payment, if the payment is not made by the end of the period. Purpose of the assignment: The purpose is to copare how different transactions should be accounted for before the payment is made, and when the accounting period is reached after tPurpose: the payment is made (i.e., whether Forex is Un- Realized or Realized). Please show actual cashflow statement.

1.Create cash flow statement assuming the purchase of fixed assets for JPY 10,000 with an exchange rate of 100 at the time of purchase and 80 at the time of payment, with the payment completed by the end of the period. 2.Create cash flow statement assuming purchased fixed assets for JPY 10,000 with an exchange rate of 100 at the time of purchase, and the exchange rate was 80 yen at the time of payment, if the payment is not made by the end of the period. Purpose of the assignment: The purpose is to copare how different transactions should be accounted for before the payment is made, and when the accounting period is reached after tPurpose: the payment is made (i.e., whether Forex is Un- Realized or Realized). Please show actual cashflow statement.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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