part $1$ Bert Co$.,$ a US based manufacturing company, makes a purchase of materials for inventory from a company in Denmark for Dkr $250,000$ on $1/1/25$ when the exchange rate is $$1=10$Dkr$.$ Payment terms are $45$ days.$$At $1/31/25$ Bert Co$.$ closes the January books, and the exchange rate is $$1=9\mathrm{.}5$Dkr$.$ At $2/15/25$ Bert Co$.$ Pays the invoice in Dfr$.$ at the exchange rate of $$1=$ Dkr$.8\mathrm{.}75.$ What entries are made in the Bert Co$.$ accounting records on $1/1/25,1/31/25$ and $2/15/25.$ part $2$ Assume the same set of facts as in question $6$ above except Bert Co$.,$ a US based manufacturing company, makes a sale to a company in Denmark for Dkr $250,000.$ What entries are made in the Bert Co$.$ accounting records on $1/1/25,1/31/25$ and $2/15/25.$ part $3$ If Bert Co$.$ Wanted to protect itself against changes in foreign exchange rates what are two types of financial instruments could they use?$$ What are the key differences between the two? part $4$ What are the three requirements for a company to use hedge accounting and what conditions does each of the requirements entail? $$