On December 15, 2020, Lisbeth Inc. (a US. based company) purchases merchandise inventory from a foreign supplier for 50,000 schillings. Lisbeth agrees to pay in 15 days, after it sells the merchandise, Lisbeth makes sales rather quickly and pays the entire obligation on January 25, 2021. Currency exchange rates for 1 schilling are as follows: Dute 0.5 Dollar per Schilling $ 0.28 0.30 0.33 December 15, 2020 December 31, 2020 January 25, 2021 January 31, 2021 Prepare all journal entries for Lisbeth Company in connection with this purchase and payment. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 Record inventory purchase from foreign supplier. Note: Enter debits before credits. General Journal Debit Date 12/15/2020 Credit Record entry Clear entry View general journal No journal entry required Accounts payable (schillings) Accounts receivable (schillings) Cash Record el Foreign currency (schillings) 2020 Foreign currency (schillings) Foreign exchange gain or loss Forward contract Inventory Sales ecord ei