Coyote Corp. (a U.S. company in Texas) had the following series of transactions in a foreign country during 2011: 
The appropriate exchange rates during 2011 were as follows: 
Prepare all journal entries in U.S. dollars along with any December 31, 2011 adjusting entries. Coyote uses a perpetual inventory system.
Definitions:
Opposing Counsel
The attorney or legal representative representing the opposing party in a legal matter or case.
Alternative Dispute Resolution
Methods of resolving disputes without traditional litigation, including mediation and arbitration.
Optional
A choice or possibility among multiple alternatives that is not mandatory.
Cost-Saving
Cost-saving refers to measures or actions taken to reduce expenses and increase efficiency, thereby saving money.
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