What amount should be included as a foreign exchange gain or loss from the two transactions for 2019?
A) $1,000 loss.
B) $1,000 gain.
C) $2,000 loss.
D) $4,000 gain.
E) $4,000 loss.
Answer: E
What amount should be included as a foreign exchange gain or loss from the two transactions for 2019?
A) $1,000 loss.
B) $1,000 gain.
C) $2,000 loss.
D) $4,000 gain.
E) $4,000 loss.
Answer: E
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