Mian,Inc,Sells American Gourmet Foods to Merchandisers in Singapore

Mian,Inc.,sells American gourmet foods to merchandisers in Singapore.Prepare the journal entries for Mian to record the following transactions.Include any year-end adjustments.
$\begin{array}{|l|l|}\hline\text { Dec 20 } & \begin{array}{l}\text { Sold items to Solingen, Inc., for } 60,000 \text { Singapore dollar. The exchange rate } \\\text { was } \$ 0.476 \text { per Singapore dollar. The purchase terms were } \mathrm{n} / 30 .\end{array} \\\hline \text { Dec 31 } & \text { The exchange rate was } \$ 0.480 \text { per Singapore dollar. } \\\hline \text { Jan 17 } & \begin{array}{l}\text { Received payment from Solingen for the December } 20 \text { sale. The exchange rate } \\\text { was } \$ 0.495 \text { per Singapore dollar. }\end{array}\\\hline\end{array}$