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Lerin Corp. had the following transactions in 201: a. Sold goods on 3 January to a U.S. customer for US $434,000 with terms 2/10,n/30. b.

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Lerin Corp. had the following transactions in 201: a. Sold goods on 3 January to a U.S. customer for US $434,000 with terms 2/10,n/30. b. Received full payment for the 3 January sale on January 30. c. Sold goods on 15 February to a U.S. customer for US $384,000 with terms 1/15,n/30. d. Received full payment for the 15 February sale on 5 March. e. Sold goods on April 5 to a U.S. customer for US $234,000 with terms 2/10,n/30. Lerin Corp. has a 30 April year-end. Required: 1. Prepare journal entries for the above transactions including any adjustment needed at year-end. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) * Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted

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