On 3 June 2021 XBX Ltd acquires goods on credit from a supplier in London. Th goods are shipped FOB London on 3 June 2021. The cost of the goods is UK350 000 and the debt remains unpaid at 30 June 2021. On 3 June 2021 the exchange rate is A$1.00 = UK0.30. On 30 June 2021 it is A$1.00 = UK0.28. Hence the value of the Australian dollar has decreased relative to the UK pound. XBX Ltd's reporting date is 30 June. Required: Provide the accounting entries necessary to account for the above purchase transaction for the year ending 30 June 2021. ANSWER: (answer box will enlarge as you enter your response)