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Behd Company,a U

Question 1

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Behd Company,a U.S.firm,sold some of its inventory to Edinburgo Company,a company based in Scotland,on November 27,2014,when the local currency unit (the pound Sterling,"GBP")was trading at $1.64 : 1 GBP.The sales agreement called for Edinburgo to pay 140,000 GBP on January 26,2015.Additional exchange rates are shown below: Behd Company,a U.S.firm,sold some of its inventory to Edinburgo Company,a company based in Scotland,on November 27,2014,when the local currency unit (the pound Sterling, GBP )was trading at $1.64 : 1 GBP.The sales agreement called for Edinburgo to pay 140,000 GBP on January 26,2015.Additional exchange rates are shown below: Required: Show all related journal entries for Behd Company.
Required: Show all related journal entries for Behd Company.

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