On November 12,Kera,Inc B) C) D) E)

On November 12,Kera,Inc.,a U.S.company,sold merchandise on credit to Kakura Company of Japan at a price of 1,500,000 yen.The exchange rate was $0.00837 on the date of sale.On December 31,when Kera prepared its financial statements,the exchange rate was $0.00843.Kakura Company paid in full on January 12,when the exchange rate was $0.00861.
On January 12,Kera should prepare the following journal entry for this transaction:

A) $$\begin{array} { | lr |r | } \hline \text { Cash }\ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots\ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots & 12,915 \\\quad \text { Accounts Receivable - Kakura Company }\ldots && 12,555 \\\quad \text { Foreign Exchange }\ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots\ldots \ldots \ldots \ && 360 \\\hline\end{array}$$
B) $$\begin{array} { | l|r |r | } \hline \text { Cash }\ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots\ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots & 12,555 \\\quad \text { Foreign Exchange Loss }\ldots \ldots \ldots \ldots \ldots\ldots \ldots \ldots \ & 360 \\\hline \quad \text { Accounts Receivable - Kakura Company }. && 12,915 \\\hline\end{array}$$
C) $$\begin{array} { | l|r |r | } \hline \text { Cash }\ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots\ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots & 12,915 \\\quad \text { Accounts Receivable - Kakura Company }. \ && 12,645 \\\hline \quad \text { Foreign Exchange Gain }\ldots \ldots \ldots \ldots \ldots\ldots \ldots \ldots && 90\\\hline\end{array}$$
D) $$\begin{array} { | lr |r | } \hline \text { Cash }\ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots\ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots &12,645 \\\quad \text { Foreign Exchange Loss }\ldots \ldots \ldots \ldots \ldots\ldots \ldots \ldots \ &90& \\\hline \quad \text { Accounts Receivable - Kakura Company }...&& 12,915\\\hline\end{array}$$
E) $$\begin{array} { | c | r | r | } \hline \text { Cash } \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots & 12,915 & \\\hline \text { Foreign Exchange Gain } \ldots \ldots \ldots \ldots \ldots \ldots & & 270 \\\hline \text { Accounts Receivable - Kakura Co... } & & 12,645 \\\hline\end{array}$$