Old Colonial Corp. (a U.S. company) made a sale to a foreign customer on September 15, 2021, for 100,000 stickles. Payment was received on October 15, 2021. The following exchange rates applied: 
Required:Prepare all journal entries for Old Colonial Corp. in connection with this sale assuming that the company closes its books on September 30 to prepare interim financial statements.
Definitions:
U.S. Senate
One of the two chambers of the United States Congress, comprising two senators from each state, tasked with legislating, advising and consenting on treaties, and confirming appointments.
Financial Backing
Support provided in the form of funds or resources to finance a project, venture, or individual.
External Mobilization
The process of engaging and rallying support from outside an organization or community to assist in achieving a specific political or social objective.
Popular Support
The level of approval or favorability among the general public for a political figure, policy, or initiative.
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