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On April 1, 20X9, Penn Cоrpоrаtiоn sold goods for а U.S. dollаr equivalent of $30,000 to a Thai company. The transaction is denominated in Thai baht. The payment is received on June 10. The exchange rates were: Exchange Rates Date Currency Exchange Rate April 1 1 baht = $ 0.030 June 10 1 baht = $ 0.032 What entry is required to revalue foreign currency receivable to U.S. dollar equivalent value on June 10? (Hint: Translate accounts receivable into baht first.) Options for Entry Required to Revalue Foreign Currency Option Accounts and Explanation Debit Credit A. Accounts Receivable (baht) 60 Foreign Currency Transaction Gain 60 B. Accounts Receivable (baht) 2,000 Foreign Currency Transaction Gain 2,000 C. Foreign Currency Transaction Loss 2,000 Accounts Receivable (baht) 2,000 D. Sales 60 Foreign Currency Transaction Gain 60