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Peerless Corporation (a U.S. company) made a sale to a foreign customer on September 15, for 107,000 crowns. It received payment on October 15. The

Peerless Corporation (a U.S. company) made a sale to a foreign customer on September 15, for 107,000 crowns. It received payment on October 15. The following exchange rates for 1 crown apply:

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\fJournal entry worksheet 2 3 4 Record the entry for sales on credit. Note: Enter debits before credits. Date General Journal Debit Credit 09/15 Record entry Clear entry View general journalJournal entry worksheet A 1 2 3 4 > Record the entry for changes in the exchange rate. Note: Enter debits before credits. Date General Journal Debit Credit 09/30 Record entry Clear entry View general journalJournal entry worksheet 2 3 4 Record the entry for changes in the exchange rate. Note: Enter debits before credits. Date General Journal Debit Credit 10/15 Record entry Clear entry View general journalJournal entry worksheet

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