On October 5, 2020, Kappa Cloth Ltd. enters into a forward contract to purchase 10,000 metres of cotton fabric at $ 1 per metre, good until February 1, 2021. At December 31, 2020, the forward price for February 2021 delivery of cotton fabric has increased to $ 1.06 per metre. What would be the adjusting entry at December 31, 2020? (Assume Kappa did NOT designate the forward as a hedging instrument). Select 1 correct answer(s) No entry required Dr. Forward contract 600 Cr. Unrealized gain (OCI) 600 Dr. Forward contract 600 Cr. Realized gain 600 600 | Dr. Forward contract Cr. Unrealized gain (NI) 600