Old Colonial Corp. (a U.S. company) made a sale to a foreign customer on September 15, 2011, for 100,000 stickles. Payment was received on October 15, 2011. 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:
Readjustment Act
Legislation aimed at providing benefits to military veterans, such as education and housing assistance.
Affirmative Action
Policies or practices that seek to address past discrimination and inequality by making efforts to increase opportunities for historically marginalized groups.
Disabled Veterans
Disabled veterans are military veterans who have sustained injuries or disabilities during their service, entitled to various benefits and protections as recognition of their service.
OSHA
The Occupational Safety and Health Administration, a U.S. government agency responsible for ensuring safe and healthy working conditions for employees by setting and enforcing standards.
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