On January $1,2023,$ Roper Inc. agrees to buy $3kg$ of gold at $$40,000$ per kilogram from Golden Corp. on April $1,2023,$ but does not

intend to take delivery of the gold. On the day that the contract was entered into, the fair value of this forward contract was zero. The

fair value of the forward subsequently fluctuated as follows:

On the settlement date, the spot price of gold is $$41,000$ per kilogram. Assume that Roper complies with IFRS.

$($a$)$

Prepare the journal entry for the day the forward contract was signed. $($Credit account titles are automatically indented when

the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter

$0$ for the amounts. List debit entry before credit entry.$)$