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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 20,2022; imported merchandise fromJapan amounting to 1,650,000(spot rate 1= Rp.750), for a period of 3 months.b)25 November 2022, importing merchandise fromthe United States amounting to US$1,200,000, for a period of 3 months, at the same timea foreign currency purchase contract was enteredinto with a broker in the same amount andtime (forward contract).c)28 November 2022, exported merchandise to Europeamounting to 1,350,000, for a period of2 months at the current exchange rate of 1=Rp.16,000.d) December 20,2022, paid the debt for imports ofgoods from Japan when the exchange rate is 1= Rp.780e) December 31,2022, make all necessary journalentries for transactions dated November 25and November 28,2022(exchange rate12/31/20221= Rp.15,800).) January 28,2023, payment is received for exporting goodsto Europe when the exchange rate is 1= Rp.16,3009) February 25,2023, pay off the debt forRequested:imports from the United States and completethe forward contract.Additional information for merchandise importtransactions from the United States:US$ 1Current exchange rateFutures Exchange Rate25 Novcs Dipindai dengan CamScanner202231 DecRp 12,250 Rp 12,400Rp 12,350 Rp 12,500202325 FebIDR 12,650cs Dipindai dengan CamScannerMake a journal entry in the PT CAHAYAbooks to record all the transactions mentioned above(include every calculation for each journal entry!)
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