Journal

1 January 2017
Accounts Receivable (fc) 97,500,000
Sales 97,500,000

Contract Receivables 92,500,000

Contract Payables (fc) 92,500,000

28 February 2017 Cash 87,500,000

Exchange Loss 10,000,000
Accounts Receivable (fc) 97,500,000

Contract Payables (fc) 92,500,000

Exchange Gain 5,000,000
Cash (fc) 87,500,000

Cash 92,500,000
Contract Receivables 92,500,000
JOURNAL
02 October 2016
Inventory 31,250
Accounts Payable (fc) 31,250

Contracts Receivable (fc) 31,750

Contracts Payable 31,750

Adjustment
31 December 2016 Exchange Loss 700
Accounts Payable (fc) 700

Contracts Receivable (fc) 350

Exchange Gain 350

Pelunasan
31 March 2017
Contracts Payable 31,750
Cash 31,750

Accounts Payable (fc) 31,950

Exchange Loss 850
Cash 32,800

Cash 32,800
Exchange Gain 700
Contracts Receivable (fc) 32,100
JOURNAL
2 December 2016
Accounts Receivable (fc) 850,000
Sales 850,000

Contract Receivables 840,000

Contracts Payable (fc) 840,000

Adjustment
31 December 2016 Accounts Receivable (fc) 2,500
Exchange Gain 2,500

Exchange Loss 5,000

Contracts Payable (fc) 5,000

Pelunasan
1 March 2017 Cash 855,000
Exchange Gain 2,500
Accounts Receivable (fc) 852,500

Contracts Payable (fc) 845,000

Exchange Loss 10,000
Cash 855,000

Cash 840,000
Contract Receivables 840,000