A sale transaction on $31$ January $2020$ let to the recognition of a foreign debtor of $$3000.$ The local currency is

denominated in Rand and the foreign currency is denominated as dollars. The exchange rate is as follows:

$31$ January $2021$: $1$$: R$16$

$28$ February $2021$: $1$$: R$18$

$31$ March $2021$:$1$$: R$15$

Required:

$5\mathrm{.}1.$ Calculate the foreign debtor balance in local currency at the end of January, February and March. $(5$ marks$)$

$5\mathrm{.}2.$ Calculate the exchange differences arising over those $3$ months and in total. $(5$ marks$)$

$5\mathrm{.}3.$ Show how the debtor and exchange differences would be journalized in the entity$$s book on $31$ January,

$28$ February and $31$ March.