13- On 1/6/2014 (when the exchange rate was: 1 sterling pound=2 USS) a British company purchased and imported goods from American exporter for 1,500,000 US$, to be paid in 1/6/2015. In 31/12/2014 (the exchange rate was: 1 sterling pound=2.5 USS). The journal entry in the books of the American company on 31/12/20104 is: A-Debit: Inventories 1000,000 SP, Credit: Accounts Payable1000,000SP B-No entry C-Debit: Inventories500.000SP, Credit: Accounts Payable500,000 SP D-Debit: Accounts Receivable 1000,000$, Credit: Sales 1000,000$ 14- On 1/6/2014 (when the exchange rate was: 1 Sterling Pound=2 USS) a British company purchased and imported goods from American exporter for 1,000,000 USS, to be paid in 1/6/201 In 31/12/2014 (the exchange rate was: 1 sterling pound=2.5 USS). In 2014, The British company should recognize exchange rate gain or loss with the amount of: A-Gain 100,000SP. B-Loss 200,000$ C-Zero D-Gain 150,000$ E- None of the above 15- The accounting disclosure that includes forecasts of revenues, income, cash flows, capital expenditures and prospective information about future economic performance or position is: A-Segment disclosures. B- Social responsibility reporting C- Special disclosures for non-domestic financial statement users. D- Disclosures of forward-looking information E-Corporate govemance disclosures