Peerless Corporation $($a U$.$S$.-$based company$)$ made a sale to a foreign customer on September $15,$ for $118,000$ crowns. It received

payment on October $15.$ The following exchange rates for $1$ crown apply:

Required:

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 required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.

Journal entry worksheet

Record the entry for sales on credit.