1. How much total sale revenue from the transaction is included in See Co.'s 20x1 statement of profit or loss?

2. How much total sale revenue from the transaction is included in See Co.'s 20x2 statement of profit or loss

3. How much is foreign exchange gain (loss) is recognized in See Co.'s 20x1 statement of profit or loss?

4. How much accounts receivable from the transaction is included in See Co.'s 20x1 statement of financial position?

5. How much is foreign exchange gain (loss) is recognized in See Co.'s 20x2 statement of profit or loss?

Co. acquired inventory from a foreign entity for 100,000 FCUs (foreign currency units). The term is FOB Shipping Point. Relevant information follows:

 

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Date Particulars Dec. 1, 20x1 Placement of order Dec. 22, 20x1 Date of shipment Dec. 31, 20x1, End of reporting period Jan. 8,20x2 Settlement date Exchange rates (1 FCU to LCUs) 13.70 LCUS 13.75 13.80 13.50 Date Particulars Dec. 1, 20x1 Placement of order Dec. 22, 20x1 Date of shipment Dec. 31, 20x1, End of reporting period Jan. 8,20x2 Settlement date Exchange rates (1 FCU to LCUs) 13.70 LCUS 13.75 13.80 13.50