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Garden Grove Corporation made an export sale of goods to a French customer on September 15, 2015, for 250,000 Euros. Payment was subsequently received on

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Garden Grove Corporation made an export sale of goods to a French customer on September 15, 2015, for 250,000 Euros. Payment was subsequently received on October 15. 2015. The following exchange rates apply U.S Dollar pe Euro Date September 15, 2015 September 30, 2015. October 15, 2015 S0.45 0.42 0.37 Reguired: Prepare all jounal entries for Garden Grove Corporation in connection with this sale, assuming that the company closes its books on September 30 to prepare interim financial statements September 15.201S: Sale and recording of receivable Debit Credit September 30, 2015: Revaluation of reccivable based on rate on 09-30-15 Debit Credit October 15,2015: Revaluation of receivable based on change of rate bctwecn Sept. 30& Oct. 15. Record roceipt of cash from French customer and settlement of receivable. Debit Credit Debi Credi

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