Mozzie Ltd has a functional currency of AS. On 1 April 2023, Mozzie Ltd sells goods...

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Mozzie Ltd has a functional currency of AS. On 1 April 2023, Mozzie Ltd sells goods to a customer on credit terms for US$80 000. On 1 August 2023, cash is received from the customer to settle the invoice Exchange rates are: 1 April 2023 US$1.00 = A$1.30 30 June 2023 US$1.00 = A$1.55 1 August 2023 US$1.00 = A$1.45 What is the journal entry to record the sale transaction on 1 April 2023? O a. DR. Accounts Receivable $61 538 CR. Sales $61 538 O b. DR. Accounts Receivable $104 000 c. CR. Sales $104 000 DR. Accounts Receivable $120 000 CR. Sales $120 000 O d. DR. Cash $61 538 CR. Sales $61 538 Mozzie Ltd has a functional currency of AS. On 1 April 2023, Mozzie Ltd sells goods to a customer on credit terms for US$80 000. On 1 August 2023, cash is received from the customer to settle the invoice Exchange rates are: 1 April 2023 US$1.00 = A$1.30 30 June 2023 US$1.00 = A$1.55 1 August 2023 US$1.00 = A$1.45 What is the journal entry to record the sale transaction on 1 April 2023? O a. DR. Accounts Receivable $61 538 CR. Sales $61 538 O b. DR. Accounts Receivable $104 000 c. CR. Sales $104 000 DR. Accounts Receivable $120 000 CR. Sales $120 000 O d. DR. Cash $61 538 CR. Sales $61 538