P Company had the following transactions with foreign businesses: Date Nature of Transaction Billing Currency Exchange Rate (Direct) July 15, 2021 Sold merchandise for 50,000 pesos Pesos $.70 July 20, 2021 Received 20% payment .71 July 30, 2021 Received remaining amount owed .66 Required: Prepare the journal entries required for each of the three dates above. You can assume that P Company's year-end is December 31