Homestyle Brands imports materials from other countries and exports finished products to customers throughout the world. Information regarding four such transactions occurring in the last accounting period, all denominated in units of foreign currency, is given below: Country Amount Spot Rate at Transaction Date Spot Rate at Payment Date 1. Import from Taiwan 100,000 T dollars $0.033 $0.038 2. Import from Poland 600,000 zloty 0.300 0.285 3. Export to Brazil 400,000 reals 0.421 0.403 4. Export to Switzerland 950,000 Swiss francs 1.050 1.084 Required Prepare the journal entries made by Homestyle Brands to record the above events on the transaction date and on the payment date.

Import Transaction 1

Import Transaction 2

Export Transaction 3

Export Transaction 4