SCENARIO 1 Raw Material Purchase Transactions in Foreign Currencies On November 15, 2015, PT Perkasa purchased 1,000 tons of yarn produced by De Lasaux, S.A., a company based in Nice, France. The price of the raw material is €100 per tonne. The purchase was made on credit with n/60 terms. In the following, information regarding the exchange rates associated with these transactions is presented. Date E1 15 November 2015 Rp14.265 December 31, 2015 Rp14.100 January 15, 2016 Rp14.000

SCENARIO 1 Raw Material Purchase Transactions in Foreign Currencies On November 15, 2015, PT Perkasa purchased 1,000 tons of yarn produced by De Lasaux, S.A., a company based in Nice, France. The price of the raw material is €100 per tonne. The purchase was made on credit with n/60 terms. In the following, information regarding the exchange rates associated with these transactions is presented. Date E1 15 November 2015 Rp14.265 December 31, 2015 Rp14.100 January 15, 2016 Rp14.000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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