11 6.5 points On Odaber 31, 2020, Tarting Company negotiated a one-year 100,000-anc loan from a foreign bark at an interest rate of 3% per year Interest payments are made annuity on October 31, and the principal will be repaid on October 31, 2021 Tarling prepares US deler Snancial statements and has a Docomber 31 year-end Date Franc Rate cow 31, 2020 50-40 December 31, 2020 0.55 October 31, 2021 50.05 Required Posuming the above fumation Prepare all journal entries.nated to this foreign currency borrowing Sweet Co purchased inventory from a Japanese company on December 18, 2021. Payment of 4,000,000 yen () was due on January 18, 2022 Exchange rates between the dollar and the yon were as follows: Exchange Rate Date December 10, 2021 December 31, 2021 January 15, 2022 145.0003 TW50082 150 0000 Required Prepare al journal entries for Swag Co. in connection with the purchase and pat