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Journal entry worksheet Record the entry for changes in the exchange rate. Note: Enter debits before credits. Journal entry worksheet Record the entry for changes in the exchange rate. Note: Enter debits before credits. Journal entry worksheet 1 Record the payment made for inventory purchase. Note: Enter debits before credits. On December 15, 2020, Lisbeth Inc. (a U.S.-based company) purchases merchandise inventory from a forelgn suppller for 50,000 schillings. Lisbeth agrees to pay in 45 days, after it sells the merchandise. Lisbeth makes sales rather quickly and pays the entire obligation on January 25,2021 . Currency exchange rates for 1 schilling are as follows: Prepare all journal entries for Lisbeth Company In connection with this purchase and payment (If no entry is required for a transaction/event, select "No journal entry required" In the flist account fleld.) Journal entry worksheet 4 Record inventory purchase from foreign supplier. Note: Enter debits before credits