Question 2. On December 1 of 2017, APU, a U.S. company, makes a sale to a Spanish customer. Sales price is 1,600,000 euro, and the spot rate is $1.45 per euro. APU allows the customer 3 months to pay On March 1 of 2018, APU collects the sales amount with spot rate $1.49 per euro. Prepare the journal entries below. Date of Sale Account Title (Debit) Amount (Debit) USD Account Title Credit) Amount (Credit) USD undisclosed undisclosed undisclosed Account Title (Credit) Amount (Credit) USD Date of Collection Account Amount (Debit) USD Title (Debit) Cash Account Receivables