30 pai ESTION 14 Lad is an Australian company On 1 June 2021. Joyce Ltd entered into a purchase contract with a supplier, to purchase an inventory of cardboard boxes for US$100,000. The purchase is on credit w Sep 2021 The CFO was concerned about the impact of the adverse exchange rate movements. Joyce Ltd entered into a forward rate agreement with the Commonwealth Bank on 1 June 20 0,000 on 1 Sept 2021. Joyce Ltd's reporting date is 30 June. The following exchange rates are applicable: Spot rate Forward rate for delivery of US$100.000 on 1 Sept A$1.00-US$0.81 A$1.00-USS0.78 A$1.00-US5084 A$1.00 US$0.82 A$1.00-US$0.85 A$1.00 US$0.55 td has designed the hedging arrangement as a fair value hedge, which qualifies for hedge accounting in accordance with AASB 9 Financial Instruments. The hedge is highly effective IRED: the general journal entries to record these transactions at various dates in Joyce Ltd's books in accordance with the requirements of AASB 9 Financial Instruments. mil calculations on measuring fair values and changes in fair values of the hedging instrument and the hedged item at various dates. No narration is required. Round answers to the ne moolber, press ALT+F10 (PC) or ALT+FN+F10 (Mac M 14 30 pai ESTION 14 Lad is an Australian company On 1 June 2021. Joyce Ltd entered into a purchase contract with a supplier, to purchase an inventory of cardboard boxes for US$100,000. The purchase is on credit w Sep 2021 The CFO was concerned about the impact of the adverse exchange rate movements. Joyce Ltd entered into a forward rate agreement with the Commonwealth Bank on 1 June 20 0,000 on 1 Sept 2021. Joyce Ltd's reporting date is 30 June. The following exchange rates are applicable: Spot rate Forward rate for delivery of US$100.000 on 1 Sept A$1.00-US$0.81 A$1.00-USS0.78 A$1.00-US5084 A$1.00 US$0.82 A$1.00-US$0.85 A$1.00 US$0.55 td has designed the hedging arrangement as a fair value hedge, which qualifies for hedge accounting in accordance with AASB 9 Financial Instruments. The hedge is highly effective IRED: the general journal entries to record these transactions at various dates in Joyce Ltd's books in accordance with the requirements of AASB 9 Financial Instruments. mil calculations on measuring fair values and changes in fair values of the hedging instrument and the hedged item at various dates. No narration is required. Round answers to the ne moolber, press ALT+F10 (PC) or ALT+FN+F10 (Mac M 14