Woodlands (Pty) Ltd is a manufacturer that specialises in unique hand-crafted modern chandeliers, furniture, and home accessories with a contemporary African feel. The companys financial year end is 31 December. A customer based in the United States placed an order for a piece of furniture on 29 September 2023 amounting to $10 000. The furniture was shipped FOB (destination) on 1 November 2023 and arrived at the customers premises on 28 November 2023. Woodlands (Pty) Ltd entered into a four-month forward exchange contract on 29 September 2023 to sell $10 000 on 29 January 2024, the date on which the customer settled the outstanding balance. The relevant exchange rates are as follows: Spot rates Date Rate 29 September 2023 $1 = R16,50 1 November 2023 $1 = R16,80 28 November 2023 $1 = R17,20 31 December 2023 $1 = R16,85 29 January 2024 $1 = R17,10 Forward rates Date Rate Duration 29 September 2023 R16,55 Four months 1 November 2023 R16,82 Three months 28 November 2023 R17,25 Two months 31 December 2023 R16,91 Four months 31 December 2023 R16,89 One month 6 HFAC332-1-Jul-Dec2023-SA1-TD-V3-14092023 REQUIRED: 2.1) State the transaction date of the sale to the customer based in the United States. Provide reasons to support your answer. (2 marks) 2.2) Prepare the general journal entries to account for the sales transaction in the accounting records of Woodlands (Pty) Ltd for the 31 December 2023 and 31 December 2024 financial year ends to comply with the International Financial Reporting Standards. Clearly indicate the journal date per journal transaction. Ignore taxation. Round amounts to the nearest Rand. Journal narrations are not required