On 24 December 20X1 an entity with a functional currency of CU buys raw materials from a supplier on credit for FCU100,000. The entity pays the supplier on 17 January 20X2. The entity has a financial year-end of 31 December 20X1. The spot exchange rates are as follows: - 24 December 20X1: CU2 = FCU1 - 31 December 20X1: CU2.1 = FCU1 - 17 January 20X2: CU2.05 = FCU1 Prepare the needed entries at every date