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Journal entry worksheet Record the entry for changes in the exchange rate. Note: Enter debits before credits. Peerless Corporation (a U.S.-based company) made a sale
Journal entry worksheet Record the entry for changes in the exchange rate. Note: Enter debits before credits. Peerless Corporation (a U.S.-based company) made a sale to a foreign customer on September 15 , for 123,000 crowns. It received payment on October 15 . The following exchange rates for 1 crown apply: Requlred: Prepare all journal entries for Peerless Corporation in connection with this export sale, assuming that the company closes its books on September 30 to prepare interim financial statements. Note: If no entry is requlred for a transaction/event, select "No Journal Entry Requlred" In the first account fleld. Journal entry worksheet 4 Note: Enter debits before credits. Journal entry worksheet Record the entry for changes in the exchange rate. Note: Enter debits before credits. Journal entry worksheet 1 2 3 Record the entry for receipt of payment. Note: Enter debits before credits
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