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 (IDR 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: The Cash Revaluation Journal is....... a. Dr. Cash 50,000 Cr. Difference in Exchange 50,000 b. Dr. Cash 1,450,000 Cr. Loss on Foreign Exchange 50,000 Cr. Cash 1,400,000 c. Dr. Loss on Foreign Exchange 50,000 Cr. Cash 50,000 d. Dr. Cash 1,400,000 Dr. Difference in Exchange 50,000 Cr. Cash 1,450,000
As of 31 Jan 2018, PT D. has balances in the following
Question:
The Cash Revaluation Journal is.......
a. Dr. Cash 50,000 Cr. Difference in Exchange 50,000
b. Dr. Cash 1,450,000 Cr. Loss on Foreign Exchange 50,000 Cr. Cash 1,400,000
c. Dr. Loss on Foreign Exchange 50,000 Cr. Cash 50,000
d. Dr. Cash 1,400,000 Dr. Difference in Exchange 50,000 Cr. Cash 1,450,000
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