Leigh of New York sells its products to customers in the United States and the United Kingdom On December 16, 2019. Leigh sold merchandise on credit to Bronson Ltd. of London at a price of 25,000 pounds. The exchange rate on that day for Et was $20549, On December 31, 2019, when Leigh prepared its financial statements, the rate was 1 for $20487. Bronson paid its bill in full on January 15 2020, at which time the exchange rate was 1 for $2.0508 Leigh immediately exchanged the 25.000 pounds for US dollars. Prepare Leigh's journal entries on December 16, December 31, and January 15. (Do not round intermediate calculations.) 00 View transaction list > 1 On December 16, 2019, Leigh sold merchandise on credit to Bronson Ltd. of London at a price of 25.000 pounds. The exchange rate on that day for El was $2.0549. 2 On December 31, 2019, when Leigh prepared its financial statements, the rate was El for $2.0487 Ltd, of or E1 was Credit 3 Bronson paid its bill in full on January 15, 2020, at which time the exchange rate was 1 for $2.0508. Leigh immediately exchanged the 25,000 pounds for U.S. dollars. Note Journal entry has been entered Record entry Clear entry View general journal Proy 6 of 12 !!! Next >