on 30 april ,2022 max ltd is an australian based company and has credit sale to an american company jupiter ltd for $US550,000. the exchange rates are given below:

Transaction: date exchange rate

credit sales : 30 april 2022 A$1=US$0.61

year end: 30 june 2022 A$1=US$0.63

cash settlement from jupiter ltd : 25 july 2022 A$1=US$0.59

record the journal entries to record foreign exchange differences.