V. Exporting transactions-journal entries (20%) Jung Farms exports wheat to Germany. In the space provided below, prepare jounal entries to record the following events Nov. 15, 2017: Sold wheat to a German restaurant chain at a price of 2 million euros, due in 90 days. The current exchange rate is $0.80 U.S. dollars per euro. (Jung uses the method.) er a 2017 Jung made a year-end adjusting entry relating to the account receivable from the restaurant chain. The exchange rate at year-end is $o.85 U.S. dollars per euro. Feb. 15, 2018: Received a check for $1.640.000 from the InterContinental Bank in full settlement of the receivable from the German restaurant chain. The exchange rate at this date is $0.82 U.S dollars per euro. General Journal 2017 Nov.15 Dec.31 2018 Feb. 15