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2. Old Colonial Corp. (a U.S. company) made a sale to a foreign customer on September 15, 2013, for 100,000 stickles. Payment was received on

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2. Old Colonial Corp. (a U.S. company) made a sale to a foreign customer on September 15, 2013, for 100,000 stickles. Payment was received on October 15, 2013. The following exchange rates applied: Exchange Rate Date September 15, 2013 S1 S.48 | September 30, 201 3 1-s50 October 15 2013 $1-544 Required: Prepare all journal entries for Old Colonial Corp. in connection with this sale assuming that the company closes its books on September 30 to prepare interim financial statements

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