42 The second exercise: On December 17, 2018, Siemens bought on account a stock of an American company in the amount of $100,000; The prevailing exchange rate is: Canadian dollars = 0.98 US dollars; Siemens' financial year in Expires on 12/31/2018 The spot exchange rate on December 31, 2018 was: 1 Canadian dollar = 0.96 US dollars. On January 26, 2019, the company paid in full to the American company, At the time, the exchange rate was estimated at 1 Canadian dollar = 0.97 US dollars. Required: Accounting recording of all transactions rated categorize