Recording Export Transactions

Daisy Brands, a U.S. company, sells items abroad. Daisy prices many of these transactions in the currency of the customer. Following are four such transactions made in the last accounting period, plus the direct exchange rates for each date:

Country	Amount		Currency		Spot rate at sale		Spot rate at collection
Argentina	250,000		Peso		$0.056		$0.049
Canada	400,000		Dollar		0.732		0.713
India	300,000		Rupee		0.016		0.018
South Africa	100,000		Rand		0.074		0.077

Required

Prepare the journal entries made by Daisy Brands to record the above sale and collection transactions.