BIA is a company operating in B-land and its functional currency is the B$. On 01 August 20X8 BIA sells goods on credit to LRM for L$200,000, a company based in L-land where the currency is the L$. LRM settles the amount owed in L$ on 31 August 20X8. The exchange rates are as follows: At 01 August 20X8: B$1: L$5.00 At 31 August 20X8: B$1: L$4.00 Below are potential journal entries that BIA could make for the settlement: Debit Credit B$ A. Cash 50,000 - Trade receivable - 40,000 Profit or loss - 10,000 B. Cash 50,000 - Trade receivable - 40,000 Other comprehensive income - 10,000 C. Trade receivable 40,000 - Profit or loss 10,000 - Cash - 50,000 D. Trade receivable 40,000 - Other comprehensive income 10,000 - Cash - 50,000 Solution A.Journal entry A. B.Journal entry B. C.Journal entry C. D.Journal entry D