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What is the book value of accounts receivable

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The exchange rate on December 31, 2020 is $1=P48 and P1=0.65SD.

Problem 1. What is the book value of Accounts Receivable and Notes Receivable in the separate statement of financial position of Philippine Mares?

Problem 2. What is the book value of Accounts Receivable and Notes Receivable in the consolidated statement of financial position of Singaporean Sophie?

Reference no: EM132779801

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