Excel Sources Inc. is a U$.$S$.$ incorporated company. Due to change in exchange rate, it receives $$150,000$ as payment against a sale of $$165,000.$ Under the two$-$transaction perspective:

Multiple Choice

no journal entry will be prepared on the date of sale.

Accounts Receivable will be debited for $$15,000$ on the date of payment.

the sale will be recorded at $$150,000$ on the date of sale.

foreign exchange loss will be recorded for $$15,000.$