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advanced Financial Accounting Excel practice problem in this presentation were gonna work a practice problem in Excel related to purchases and sales involving foreign currencies were gonna have purchases of items sales of items foreign currency being involved with in the transaction get ready to account with advance financial accounting here we are in Excel we have our information on the left hand side were gonna enter that into the blue area on the right hand side and into our worksheet where we have year 1 and we have year 2 were gonna take our information on the left hand side step by step item by item were basically having sales and purchases but with a foreign currency component to them Im gonna highlight Im gonna select these items and Im gonna make them green working on the ones that are in green so were gonna be working on the ones that are in green so were starting off on three one a US company sells to Canadian company so were always gonna be the US company were m