Journal entries for an account payable denominated in Canadian Dollars ($US strengthens) Assume that your company sells products to a customer located in France on October 15. The invoice specifies that payment is to be made on January 15 in Euros (euro) in the amount of euro350,000. Your company operates on a calendar year basis. Assume the following exchange rates: Prepare the journal entries to record the sale (ignore cost of goods sold), the required adjusting entry at December 31, and the receipt of payment January 15