On December 1, 2019, Deo Corp. entered into a transaction to import raw materials from a foreign company. The account is to be settled on February with the payment of 60,000 foreign currency units On December 1, Deo also entered into a forward contact to hedge the exposed position resulting from the importation. The forward rate is 50.71 per unit of foreign currency Deno Corp has a December 31 fiscal year-end. Spot rates and the forward Fates on relevant dates were: Dane Spot Rate (5) Forward Rate for February 1 Delivery (5) December 1 SO 69 50.71 December 31 0.72 0.715 Fensary 0.79 0.73 The entry to record the forward contract will include a debit to A FC Receivable from Exchange Dealer 42.600 OB Dollars Payable to Exchange Dealer 42.600 OC Accounts Payable 41.400 D. Accounts Receivable 41.400