Suppose Natural Soda Corp. sells soft-drink syrup on account to a Russian company on September 12. Natural Soda Corp. agrees to accept 200,000 Russian rubles. On the date of sale, the ruble is quoted at $0.36. Natural Soda Corp. collects half the receivable on October 18 when the ruble is worth $0.31. Then on November 15, when the foreign-exchange rate of the ruble is $0.39, Natural Soda Corp. collects the final amount.
Journalize these three transactions for Natural Soda Corp. Ignore cost of goods sold.