User Account

All Pages

What is the entry of adjustment in foreign exchange rate

Assignment Help Accounting Basics
Reference no: EM132821255

Question - In 12/10/2018 Company Y (Jordanian Company) purchased goods from German Company at price 1,000,000 EUR, the deal assumes to pay in EUR in 15/4/2019. Note that JD is the functional currency of company Y. the exchange rate for EUR as follow:

Date Exchange Rate

12/10/2018 0.810

31/12/2018 0.830

15/4/2019 0.800

What is the entry of adjustment in foreign exchange rate in 31/12/2018?

Reference no: EM132821255

Questions Cloud

How activities in process function as system : Explain what a process is and how activities in a process function as a system. Find an example of a process and identify the different activities involved.
Determine cash payments for operating expenses to reported : Find Cash payments for operating expenses to be reported on the cash flow statement using direct method would be? Operating expenses other than depreciation
Case Study Report - Data Management : Case Study Report: Data Management - Demonstrate how to manage data within organisations, teams and projects. Investigate techniques on how to collect, store
What the teacher and student learned from the assessment : Choose four assessments that demonstrate the integration of assessment into instruction to promote the learning of all students. These assessments must.
What is the entry of adjustment in foreign exchange rate : Company Y (Jordanian Company) purchased goods from German Company at price 1,000,000 EUR, What is the entry of adjustment in foreign exchange rate
Determine the difference between the two investments : 5% compounded monthly and another investment provides 5.2% compounded semi-annually, determine the difference between the two investments.
Conduct analysis of the business environment : Using the STEEPLE approach, conduct an analysis to outline the impact that the Business environment may have on the insurance company
Write summary of standards with example : Students should then identify a school leader (not your mentor) to interview about the standards and create interview questions related to the standards.
Health Policy and Law Basics : Analyze key components of three sources of law related to the effects that each source could potentially have on your healthcare organization's new initiative

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd