Question: On June 15, Central Computers, Inc. sold twenty-five computers on account to a company located in Argentina for 3,000,000 pesos. On that date, the peso

On June 15, Central Computers, Inc. sold twenty-five computers on account to a company located in Argentina for 3,000,000 pesos. On that date, the peso is worth $0.079. On July 15, when the peso was worth $0.070, payment was received. The journal entry to record the sale on June 15 would include a:

A) debit to Accounts Receivable $237,000

B) debit to Accounts Receivable $210,000.

C) debit to Foreign-Currency Transaction Loss $27,000.

D) credit to Sales $210,000.

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