Lerin Corp. had the following transactions in 20X1:

a. Sold goods on 3 January to a U.S. customer for US$424,000 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$374,000 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$224,000 with terms 2/10, n/30.

Lerin Corp. has a 30 April year-end.

Canadian Equivalencies	US$
3 January		1.15
30 January		1.13
15 February		1.14
15 March		1.13
5 April		1.15
30 April		1.18

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.)

Please prepare each journal entry according to above, a to e.