inds iself wath the followers urthedped forward contrats. Nebyartechange rates are \begin{tabular}{|c|c|} \hline & Bologsi soests \\ \hline & 100m in 1067n \\ \hline Sortanatiproy Is 2019 & 1011/ \\ \hline \end{tabular} (a) What are the correct batances for the above contracts at Docember 16.2013 ? Forward purchiase contrect if Forward sale contracts company doses iss bocks on Oecember I1: \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ To record gain or loss accrued on speculative forwird purchase contract. } \\ \hline & & 0 & 0 \\ \hline & & 0 & 0 \\ \hline Cash & & 0 & 0 \\ \hline \multicolumn{4}{|l|}{ To record settiement of the forward purchase contract: } \\ \hline & & 0 & 0 \\ \hline & : & 0 & 0 \\ \hline \multicolumn{4}{|l|}{ To record conversion of foreign currency inta dollars. } \\ \hline & & 0 & 0 \\ \hline & o & 0 & 0 \\ \hline \multicolumn{4}{|c|}{ To record gain or loss accrued on speculative forward sale contract. } \\ \hline F & * & 0 & 0 \\ \hline & & 0 & 0 \\ \hline \multicolumn{4}{|c|}{ Fo record acquisition of forecign currency on the spot market to settie the forward sale contract. } \\ \hline & & 0 & 0 \\ \hline & & 0 & 0 \\ \hline Foreign Currency & & 0 & 0 \\ \hline To record setternent of the forward salo contract. & & & \\ \hline \end{tabular} inds iself wath the followers urthedped forward contrats. Nebyartechange rates are \begin{tabular}{|c|c|} \hline & Bologsi soests \\ \hline & 100m in 1067n \\ \hline Sortanatiproy Is 2019 & 1011/ \\ \hline \end{tabular} (a) What are the correct batances for the above contracts at Docember 16.2013 ? Forward purchiase contrect if Forward sale contracts company doses iss bocks on Oecember I1: \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ To record gain or loss accrued on speculative forwird purchase contract. } \\ \hline & & 0 & 0 \\ \hline & & 0 & 0 \\ \hline Cash & & 0 & 0 \\ \hline \multicolumn{4}{|l|}{ To record settiement of the forward purchase contract: } \\ \hline & & 0 & 0 \\ \hline & : & 0 & 0 \\ \hline \multicolumn{4}{|l|}{ To record conversion of foreign currency inta dollars. } \\ \hline & & 0 & 0 \\ \hline & o & 0 & 0 \\ \hline \multicolumn{4}{|c|}{ To record gain or loss accrued on speculative forward sale contract. } \\ \hline F & * & 0 & 0 \\ \hline & & 0 & 0 \\ \hline \multicolumn{4}{|c|}{ Fo record acquisition of forecign currency on the spot market to settie the forward sale contract. } \\ \hline & & 0 & 0 \\ \hline & & 0 & 0 \\ \hline Foreign Currency & & 0 & 0 \\ \hline To record setternent of the forward salo contract. & & & \\ \hline \end{tabular}