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1. On November 30, 2019 and December 31, 2019, Burns Corp had a 30,000 foreign currency accounts receivable due January 31, 2020. Burns Corp has a December 31 fiscal year end. The spot exchange rates at these dates were: November 30, 2019: 1 US = 4 FC December]31, 2019 1 US = 6 FC January 31, 2020 1 US = 5 FC Show the journal entry required at December 31, 2019 for the FX gain or loss. Answer. Dr. Cr