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Accounting Journal Entries Assignments | Online Homework Help

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Journal Entries (Ricky and Potatoes) Assumes that Ricky Corporation (Ricky) normally sells goods in France and therefore has a stream of income which is denominated in Euros. Ricky enters into a master agreement with a bank to convert this future stream of Euros into US dollars. Determine whether this agreement is considered a      derivative under both the US GAAP and under the IFRS. Support your …

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