On February 1, 2021, Amal LLC., an Emarti company, made a sale and shipped goods to Jan Inc, a Danish customer, for100,000 AED, It is agreed that Jan Inc will pay the total amount in Danish Krone on May 1, 2021.

• The exchange (spot) rate as of February 1, 2021, was 2 Krone for 1 Dirham.

• The exchange (spot) rate as of May 1, 2021, was 2.5 Krone for 1 Dirham.

Required:

1. Journalize February's and May's transactions for Amal LLC.,

2. Advise Amal LLC., how loss on foreign exchange can be avoided.