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The following are some of the currency transactions foreigners in PT CAHAYA (company in Indonesia using rupiah functional currency): a) September 20, 2022; on merchandise
The following are some of the currency transactions foreigners in PT CAHAYA (company in Indonesia using rupiah functional currency): a) September 20, 2022; on merchandise imports from Japan amounted to Y1. 650. 000 (spot rate Y 1= Rp750), for a period of 3 months. B) November 25, 2022, in merchandise imports from the United States of US\$1,200,000, for a period of 3 months, at the same time held foreign currency purchase contracts with the broker in the amount and time same (contract forward). c) November 28, 2022, in merchandise exports to Europe for 1,350,000, for a period 2 months at current exchange rate 1= Rp16, 000. d) December 20, 2022, paid debts on imports goods from Japan at the exchange rate 1 = Rp780 E) December 31, 2022, making the entire paragraph of the journal required for transactions on the 25 th November and November 28, 2022 (exchange rate 31/12/2022 1 = Rp15, 800). F) January 28,2023 , received payment for exports goods to Europe at the exchange rate of 1=Rp16,300 G) February 25, 2023 to pay off debts on imports from the United States and complete the forward contract. Additional information for goods import transactions merchandise from the United States: Requested: Make a journal paragraph in the book PT CAHAYA for record all transactions mentioned above (include each calculation for each paragraph of the journal!)
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