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The following are some of the foreign currencytransactions at PT CAHAYA ( a company in Indonesiathat uses the functional currency of the rupiah ) :a
The following are some of the foreign currencytransactions at PT CAHAYA a company in Indonesiathat uses the functional currency of the rupiah:a September ; imported merchandise fromJapan amounting to spot rate Rp for a period of months.b November importing merchandise fromthe United States amounting to US$ for a period of months, at the same timea foreign currency purchase contract was enteredinto with a broker in the same amount andtime forward contractc November exported merchandise to Europeamounting to for a period of months at the current exchange rate of Rpd December paid the debt for imports ofgoods from Japan when the exchange rate is Rpe December make all necessary journalentries for transactions dated November and November exchange rate Rp January payment is received for exporting goodsto Europe when the exchange rate is Rp February pay off the debt forRequested:imports from the United States and completethe forward contract.Additional information for merchandise importtransactions from the United States:US$ Current exchange rateFutures Exchange Rate Novcs Dipindai dengan CamScanner DecRp Rp Rp Rp FebIDR cs Dipindai dengan CamScannerMake a journal entry in the PT CAHAYAbooks to record all the transactions mentioned aboveinclude every calculation for each journal entry!
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