a$)$SELM Pty Ltd$,$ whose year ends on $31$ March, purchased some good from SSM Pty Ltd on $31$ December. The invoice value is P$150,000$ and is due for settlement in equal installments on $29$ February and $30$ April. The exchange rate at those dates are as follows;

pula$/$rand

$31$ December $1\mathrm{.}50$

$29$ February $1\mathrm{.}70$

$31$ March $1\mathrm{.}80$

$30$ April $1\mathrm{.}75$

Required: Show the journal entries to record that transaction