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Yukon Systems purchased inventory on account from Panasonic. The price was Â¥100,000, and a yen was quoted at $0.0090. Yukon paid the debt in yen a month later, when the price of a yen was $0.0092. Yukon
a. debited Inventory for $900.
b. debited Inventory for $920.
c. recorded a Foreign-Currency Transaction Loss of $80.
d. None of the above.
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