GAF manufactures electrical cells at its St. Louis facility. The company's fiscal year-end is September 30. It has adopted the perpetual inventory cost flow method to control inventory costs. The company entered into the following transactions during the month of September. All exchange rates are direct quotations.

GAF manufactures electrical cells at its St. Louis facility. The company's fiscal year-end is September 30. It has adopted the perpetual inventory cost flow method to control Inventory costs. The company entered into the following transactions during the month of September. All exchange rates are direct quotations. Billing Rate of Date Transaction Amount Exchange 2014 Sept. 5 Exported 10 electrical cells to a company located in Argentina. Cost per unit, $820. 17,494 pesos $1.1291 9 Received raw materials ordered from a British company. The goods were shipped FOB destination and had not been recorded on the books of GAF, Inc. 12,295 Pounds 1.6821 14 Exported 12 electrical cells to a company domiciled in Norway. Cost per unit, $840. 159,139 Krone 0.1450 30 End of fiscal year-end. Peso 1.1091 British pound 1.6911 Krone 0.1530 Billing Rate of Date Transaction Amount Exchange Oct. 5 Received full payment for the 10 units sold on September 5. 1.1190 9 Paid British company in full for raw materials purchased September 9. 1.5948 30 Received full payment for 12 units sold on September 14. 0.1440 (a) Prepare the journal entries required on the books of GAF to record the transactions and year-end adjustments. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 5,125.)