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Chapter 12 - Accounting for foreign currency transactions and hedging foreign exchange risk. In this chapter we’ll look at the actual accounting transactions we record if we do business with companies from other countries. We have to deal with the currency of our foreign customer or supplier, and how that affects our record keeping. We will also learn about hedging our activity in foreign currency transactions. There are many new terms in this chapter that you will need to learn.
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Lecture Advanced accounting (6th Edition): Chapter 12 - Jeter, Chaney
