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Augustine Imports imported crystal from England at a total invoice price of 84.000 pounds. On August 1, the date of purchase, the exchange rate was

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Augustine Imports imported crystal from England at a total invoice price of 84.000 pounds. On August 1, the date of purchase, the exchange rate was $2-1 pound. On September 10, the invoice was paid when the exchange rate was $1.75 -1 pound. What is the entry for payment of the invoice? . Accounts Payable Cash 168,000 168,000 Accounts Payable Cash 168,000 OB. Foreign-Currency Transaction Gain 147.000 21,000 OC. Accounts Payable Cash 84,000 84,000 Accounts Payable OD. Foreign-Currency Transaction Loss Cash 147.000 21,000 168,000

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