Question 5 Not complete Marked out of 20.00 P Flag question Journal entries for an account receivable denominated in Euros ($US weakens and strengthens) Assume that your company sells products to a customer located in France on October 15. The invoice speci- company operates on a calendar year basis. Assume the following exchange rates: October 15 $1.17: 1 December 31 $1.24: 1 January 15 $1.20: 1 Prepare the journal entries to record the sale (ignore cost of goods sold), the required adjusting entry at De General Journal Date Description Debit Credit . 0 0 Oct 15 0 0 . 0 0 Dec 31 0 0 0 0 Jan 15 Cash 0 0 0 0 Check US weakens and strengthens) nce on October 15. The invoice specifies that payment is to be made on January 15 in Euros (6) in the amount of 400,000. Your :), the required adjusting at December 31, and the receipt of payment January 15