Selected transactions for sophie’s dog care are as follows during the month of march. march 1 paid monthly rent of $1,460. 3 performed services for $170 on account. 5 performed services for cash of $90. 8 purchased equipment for $730. the company paid cash of $100 and the balance was on account. 12 received cash from customers billed on march 3. 14 paid wages to employees of $640. 22 paid utilities of $88. 24 borrowed $1,830 from grafton state bank by signing a note. 27 paid $270 to repair service for plumbing repairs. 28 paid balance amount owed from equipment purchase on march 8. 30 paid $2,200 for six months of insurance. journalize the transactions. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when amount is entered. do not indent manually. record journal entries in the order presented in the problem.)

The east asiatic company (eac), a danish company with subsidiaries throughout asia, has been funding its bangkok subsidiary primarily with u.s. dollar debt because of the cost and availability of dollar capital as opposed to thai baht-denominated (b) debt. the treasurer of eac-thailand is considering a 1-year bank loan for $247,000.the current spot rate is b32.03 /$, and the dollar-based interest is 6.78% for the 1-year period. 1-year loans are 12.04% in baht.a. assuming expected inflation rates of 4.3 % and 1.24% in thailand and the united states, respectively, for the coming year, according to purchase power parity, what would the effective cost of funds be in thai baht terms? b. if eac's foreign exchange advisers believe strongly that the thai government wants to push the value of the baht down against the dollar by5% over the coming year (to promote its export competitiveness in dollar markets), what might the effective cost of funds end up being in baht terms? c. if eac could borrow thai baht at 13% per annum, would this be cheaper than either part (a) or part (b) above?