As of 31 Jan 2018, PT D. has balances in the following Balance Sheet accounts (partial accounts only): Cash (USD 100) = IDR 14,000 Accounts Receivable (USD 5,000) = IDR 70,000,000 Accounts Payable (USD 2,000) = IDR 28,000,000 Paid-in Capital (USD 1,000,000) = IDR 13,999,000,000 (according to the deed). If on 28 Feb 2018 the exchange rate of 1 USD = 14,500, -, and the USD balance of each of these accounts has not changed, make a journal for each of these accounts on 28 Feb 2018. Question: Paid-in Capital Revaluation Journal........... a. Dr. Loss on Foreign Exchange 501,000,000 Cr. Paid-in Capital 501,000,000 b. Dr. Loss on Foreign Exchange 502,000,000 Cr. Paid-in Capital 502,000,000 c. Dr. Loss on Foreign Exchange 501,000,000 Cr. Capital Surplus 501,000,000 d. None of the answers are correct
As of 31 Jan 2018, PT D. has balances in the following
Question:
Paid-in Capital Revaluation Journal...........
a. Dr. Loss on Foreign Exchange 501,000,000 Cr. Paid-in Capital 501,000,000
b. Dr. Loss on Foreign Exchange 502,000,000 Cr. Paid-in Capital 502,000,000
c. Dr. Loss on Foreign Exchange 501,000,000 Cr. Capital Surplus 501,000,000
d. None of the answers are correct
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