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Journalize the following foreign-currency transactions for Golden Import Inc.: 2020 Nov. 17 Purchased goods on account from a Japanese company. The price was 525,000 yen, and the exchange rate of the yen was $0.0118. Assume Queensway uses the perpetual method of inventory so purchases are reported directly in the Inventory account. Dec. 16 Paid the Japanese supplier when the exchange rate was $0.0120. 19 Sold merchandise on account to a French company at a price of 83,000 euros. The exchange rate for euros was $1.64 (ignore the inventory and cost of goods sold here). 31 Adjusted for the decrease in the value of the euro, which had an exchange rate of $1.61. Golden Import Inc.'s year end is December 31. 2021 Jan. 14 Collected from the French company. The exchange rate was $1.65