Question
How would you record the following transactions in Malaysias BOP? Example: (aa) Malaysian authority pays for a container of Pfizer-BioNTech COVID-19 vaccines to Pfizer Inc.
How would you record the following transactions in Malaysias BOP?
Example:
(aa) Malaysian authority pays for a container of Pfizer-BioNTech COVID-19 vaccines to Pfizer Inc. of US.
Provide your answer in this form:
(aa) Main Account / Sub Account (if any) / Debit or Credit OR Not recorded in Malaysias BOP
(a) A Canadian buys Islamic medium term notes of DanaInfra Nasional Berhad, which amounting to a value equivalent to 20% of total issuance amount raised through CIMB Investment Bank Berhad in Kuala Lumpur. (1.5 marks)
(b) A Malaysia company pays 2 million US dollars as dividends to its foreign shareholders. (1.5 marks)
(c) A Malaysian pays for a purchase of 250 shares of a Macau enterprise with an issued and paid-up share capital of Macanese pataca (P) 2,000 at par value of P1.00 each. (1.5 marks)
(d) An Indian immigrant living in Malaysia sends a check drawn on his Malaysia bank account as a gift to his parents living in Mumbai. (1.5 marks)
(e) A Malaysian who works in Singapore and earns a salary in Singapore dollars makes a 10 percent down payment for a service apartment unit costing RM15 million in Iskandar Puteri Johor Bahru. (1.5 marks)
(f) Payment of insurance premium in Ringgit Malaysia by a Malaysia firm to the Kuala Lumpur branch of Manulife Insurance of Canada. (1.5 marks)
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