Required information The following information applies to the questions displayed below.) Certain balance sheet accounts of a foreign subsidiary of Orchid Company have been stated in US dollars as follows: Accounts receivable, current Accounts receivable, 15 ng term Land Patents Stated at Current Historical Rates Rates $ 230,000 $ 250,000 136,000 144,000 68,000 70,000 98,000 103,000 $ 532,000 $ 567,000 This subsidiary's functional currency is a foreign currency. What total should Orchid's balance sheet include for the preceding items? The following information applies to the questions displayed below) Certain balance sheet accounts of a foreign subsidiary of Orchid Company have been stated in US dollars as follows: Accounts receivable, current Accounts receivable, long term Land Patento stated at Current Ristorten Rates Rates $ 230,000 $ 250,000 136,000 144,000 68,000 70,000 98,000 10,000 $ 532,000 5 567,000 This subsidiary's functional currency is the U.S. dollar. What total should Orchid's balance sheet include for the preceding items?
