Hello. I did some of the work here, but want to ensure I am correct in my entries and answer both questions correctly. Did I switch up my questions by mistake? Did I do the journal entries correctly? Any and all insight would be greatly appreciated.

9 Journal Entries-Speculation Using a Forward Contract LO 5 Sharon Myers, chief finance officer for Sitco Products, convinced the president of the company to enter into a 90 -day forward contract to sell 900,000 Swedish kronas as a speculative venture. When the forward contract was acquired on November 1, 2019, the spot rate for the krona was $.5045 and the 90 -day future rate was $.5085. At December 31,2019 , the end of the firm's fiscal year, the spot rate was $.4981 and the future rate for kronas to be sold on January 30,2020 , was $.4996. On January 30,2020 , the spot rate was $.4826. Required: Prepare all necessary journal entries in regard to the forward contract. -10 Journal Entries-Speculation Using a Forward Contract LO 5 Use the data given in Exercise 12-9, except assume that on November 1, Sitco Products entered into a 90-day forward contract to buy 900,000 Swedish kronas on January 30 for $.5085 per krona. Required: Prepare all necessary journal entries in regard to the forward contract. \begin{tabular}{|l|l|l|l|l|} \hline 129 & & & \\ \hline Date & Account Title & Debit & Credit & Work \\ \hline November 11, 2019 & Dollars Receivable from Exchange Dealer & 457,650 & & 900,000$0.05085=457,650 \\ \hline & FC Payable to Exchange Dealer & & 457,650 & \\ \hline & & & & \\ \hline December 31,2019 & FC Payable to Exchange Dealer & 8,010 & & 457,650(900,000$0.4996)=8,010 \\ \hline & Foreign exchange Gain & & 8,010 & \\ \hline & & & & \\ \hline January 30,2020 & FC Payable to Exchange Dealer & 15,300 & & 449,640(900,000$0.4826)=15,300 \\ \hline & Foreign Exchange Gain & & 15,300 & \\ \hline & & & & \\ \hline January 30,2020 & Investment in FC & 434,340 & & \\ \hline & Cash & & 434,340 & \\ \hline & & & & \\ \hline January 30,2020 & Cash & 457,650 & & \\ \hline & FC Payable to Exchange Delaer & 434,340 & & \\ \hline & Dollars Receivable from Exchange Dealer & & 457,650 & \\ \hline & Investment in FC & & 434,340 & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|l|l|} \hline 1210 & Account Title & Debit & Credit & Work \\ \hline Date & Fovember 11, 2019 & FC Receivable from Exchange Dealer & 457,650 & & 900,000$0.05085=457,650 \\ \hline & Dollars Payable to Exchange dealer & & 457,650 & \\ \hline & & & & & \\ \hline & December 31, 2019 & Foreign Exchange Loss & 8,010 & & 457,650(900,000$0.4996)=8,010 \\ \hline & FC Receivable from Exchange Dealer & & 8,010 & \\ \hline & & & & \\ \hline January 30, 2020 & Foreign Exchange Loss & 15,300 & & 449,640(900,000$0.4826)=15,300 \\ \hline & FC Receivable from Exchange Dealer & & 15,300 & \\ \hline & & & & \\ \hline January 30, 2020 & Investment in FC & 434,340 & & \\ \hline & Dollars Payable to Exchange Dealer & 457,650 & & \\ \hline & Cash & & 457,650 & \\ \hline & FC Receivable from Exchange Dealer & & 434,340 & \\ \hline January 30, 2020 & Cash & 434,340 & & \\ \hline & Investment in FC & & 434,340 & \\ \hline & & & & \\ \hline \end{tabular}