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Record a journal entry addressing the following transaction

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Record a journal entry addressing the following transactions:Suppose that on July 2, 20X2, the central rates for the Singapore and South African currencies were Singapore Dollar (S$) 0.789085/US Dollar (US$) and Rand 0.122540/US$.A journal entry consists of transaction identification and summary of transaction with supporting detail and insight.Each scenario will be a section; thus, there will be three sections per journal entry.Accounting Business Financial Accounting FIN 575

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