Pinnacle Foods imports a variety of items for resale to U.S. retailers. Following is a description of purchases and foreign-currency-denominated payments made in the last accounting period, plus the direct exchange rates for each date:
Country	Amount	Currency	Spot rate at purchase	Spot rate at payment
Australia	200,000	Australian dollar	$0.76	$0.73
Thailand	800,000	Baht	0.0345	0.0365
Hong Kong	5,000,000	Hong Kong dollar	0.1319	0.1362
Jordan	500,000	Dinar	1.41	1.39
Required
Prepare the journal entries made by Pinnacle, a U.S. company, to record the above purchase and payment transactions.
Australia
Hong Hong
Description		Debit	Credit
A/p OR Cash OR Gain OR Loss Or Forgein Currency or Inventory		?	?
A/p OR Cash OR Gain OR Loss Or Forgein Currency or Inventory		?	?
To record purchase of inventory
A/p OR Cash OR Gain OR Loss Or Forgein Currency or Inventory		?	?
A/p OR Cash OR Gain OR Loss Or Forgein Currency or Inventory		?	?
To record purchase sufficient foreign currency to pay supplier.
A/p OR Cash OR Gain OR Loss Or Forgein Currency or Inventory		?	?
A/p OR Cash OR Gain OR Loss Or Forgein Currency or Inventory		?	?
	Foreign Currency	?	?
To record payment of liability to supplier.