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1. Prepare the journal entries from December 1, 2020 to February 28, 2021. 2. Forex gain (loss) on the hedged item on 12/31/20 3. Net
1. Prepare the journal entries from December 1, 2020 to February 28, 2021.
2. Forex gain (loss) on the hedged item on 12/31/20
3. Net forex gain (loss) on 12/31/20
4. Forex gain (loss) on the hedged item on 2/28/21
5. Forex gain (loss) on the forward contract on 2/28/21
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