What transaction principles are used in the transaction

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Question - Faithfully pawned his laptop for a while and believes that the laptop can be redeemed again when receiving a bonus. Faithful goes to Pegadaian to carry out his intention.

A loyal laptop is judged by Pegadaian officers for Rp. 4,500,000, and pawnshops are willing to give a loan worth Rp3,500,000, - with the guarantee of the laptop, and the tempo for 3 months with a 3-month storage cost of IDR 20,000, - and insurance costs IDR 10,000.

If the date of the Tempo Setia does not extend its loan and cannot pay off its loan, then with Seiizin Setia, Pegadaian will sell the laptop.

Required -

A. According to you, what transaction principles are used in the transaction above? What is the reason?

b. Brother was asked to make a journal for transactions carried out by Pegadaian!

Reference no: EM133080362

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