An Australian Company Purchases Goods Worth Baht 60 000 from a Company

An Australian company purchases goods worth Baht 60 000 from a company in Thailand,and the goods are invoiced in Australian dollars.At the date of purchase,the exchange rate is $AU 1.00 = Baht 30.At the date the goods are paid for,the exchange rate is $AU 1.00 = Baht 25.The Australian company should make the following entries to record the purchase of the goods and the payment made:

A) A) Dr Inventory $\quad \$ 2000$
$\mathrm { Cr }$ Accounts Payable $\quad \$ 2000$
Dr Accounts Payable $\quad \$ 2000$
Cr Exchange Gain $\quad \$ 400$
Cr Cash at Bank $\quad \$ 1600$
B) B) Dr Inventory $\quad \$ 2000$
Cr Accounts Payable $\quad \$ 2000$
Dr Accounts Payable $\quad \$ 2000$
$\mathrm { Cr }$ Cash at Bank $\quad \$ 2000$
C) C) Dr Inventory $\quad \$ 2000$
Cr Accounts Payable $\quad \$ 2000$
$\begin{array} { l r } \text { Dr Accounts Payable } & \$ 2000 \\ \text { Dr Exchange Loss } & \$ 400 \end{array}$
Cr Cash at Bank $\quad \$ 2400$
D) $\begin{array} { c c c } \text { D) Dr Inventory } & \$ 2400 & \\\quad \text { Cr Accounts Payable } & & \$ 2400 \\\text { Dr Accounts Payable } & \$ 2400 & \\\quad \text { Cr Cash at Bank } & & \$ 2400\end{array}$