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Return to question 6 Peerless Corporation (a U.S. company) made a sale to a foreign customer on September 15, for 118,000 crowns. It received payment

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Return to question 6 Peerless Corporation (a U.S. 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 0.59 points September 15 September 30 October 15 $e.60 0.66 9.61 Prepare all journal entries for Peerless in connection with this sale, assuming that the company closes its books on September 30 to prepare interim financial statements. (If no entry is required for a transaction/event, select" No journal entry required" in the first account field.) No Date General Journal Debit Credit 09/15 Accounts receivable (crowns) Sales 2 09/30 Accounts receivable (crowns) Foreign exchange gain 10/15 Foreign exchange loss Accounts receivable (crowns) 4 10/15 Cash Accounts receivable (crowns)

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