Question: Help Save & Exit sui Theck my work mode: This shows what is correct or incorrect for the work you have completed so far. It

 Help Save & Exit sui Theck my work mode: This shows

Help Save & Exit sui Theck my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion Return to questi Leigh of New York sells its products to customers in the United States and the United Kingdom. On December 16, 2019, Leigh sola merchandise on credit to Bronson Ltd. of London at a price of 17.000 pounds. The exchange rate on that day for l was $1.4583. On December 31, 2019, when Leigh prepared its financial statements, the rate was 1 for $1.4382. Bronson paldits bill in full on January 1 2020, at which time the exchange rate was 1 for $1.4482. Leigh Immediately exchanged the 17,000 pounds for U.S. dollars. Prepare Leigh's journal entries on December 16, December 31, and January 15. (Do not round Intermediate calculations.) Credit Debit 24791 NO Answer is complete but not entirely correct. General Journal Accounts receivable--Bronson Ltd. Sales Date 24,791 Dec 16, 2019 341 OC 341 2 Dec 31, 2019 Foreign exchange loss Accounts receivable-Bronson Ltd 24,620 170 24.450 3 Jan 15, 2020 Cash Foreign exchange gain Accounts receivable Bronson Ltd Next Proy 18 of 19

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