el Kiwanuka -.. Hotstar - Watch TV... (1) The Unforgettab... Illegal cannabis get... for marks Saved Help In February 20X3, La Fondue Ltd. signed a two-year contract with a Quebec cheese supplier to provide a minimum of 1,200 kilograms of fine cheese for fondue at a fixed price of $22 per kilogram. By the end of September, La Fondue had purchased 750 kg at the aqreed-upon price. By the end of October, the end of the fiscal year, the open market price of the cheese dropped to $18 per kq due to excess capacity in the dairy industry. On 27 November, La Fondue purchased 360 kq at the contract price of $22. The open market price was $19 at that time. S kipped Required: Prepare any journal entries that are necessary on La Fondue's books to record the events in October and November, (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) eBook Print View transaction list references Journal entry worksheet 1 2 ord the loss on onerous purchase commitment. Note: Enter debits before credits. Credit Debit General Journal Date 31 October 8 of 10 Next> Mc raw