Bài tập tỉ giá hối đoái có lời giải

bài tập tỉ giá hối đoái có lời giải giúp bạn có thể làm tốt một số bài tập về tỉ giá hối đoái môn kế toán tài chính 2, bài tập nhằm giúp bạn củng cố kiến thức cũng như hoàn thành tốt hơn về bài tập tỉ giá hối đoái

Bài 23 Rabato Corporation acquired merchandise on account from a foreign supplier on

November 1, 2015, for $60,000 It paid the foreign currency account payable on January 15, 2016 The following exchange rates for $1 are known:

November 1, 2015 VND 22,000 December 31, 2015 VND 22,100 January 15,2016 VND 22,050 a/ How does the fluctuation in exchange rates affect Rabato’s 2015 income statement?

b/ How does the fluctuation in exchange rates affect Rabato’s 2016 income statement?

a.

1/11/2015

Dr 156/211 60,000* 22,000

31/12/2015

Dr 413 60,000 *(22,100 – 22,000)

Cr 331 60,000 *(22,100 – 22,000)

K t chuy n:ế ể

S bi n đ ng làm chi phí ho t đ ng tài chính trong báo cáo tài chính cu i năm 2015 tăngự ế ộ ạ ộ ố 6,000,000 VNĐ

b.

15/1/2016

Dr 331 60,000 * 22,050

Cr 1122 60,000 * 22,050

Dr 1122 60,000 * (22,100 – 22,050)

Cr 413 60,000 * (22,100 – 22,050)

K t chuy n:ế ể

S bi n đ ng làm doanh thu ho t đ ng tài chính trong báo cáo tài chính cu i năm 2016 tăngự ế ộ ạ ộ ố 3,000,000 VNĐ

Bài 24 On December 20,2015, Butanta Company (a Vne Company headquartered in Danang

city) sold parts to foreign customer at a price of $50,000 Payment is received on January 10,

2016 Currency exchange rates for 1 ostra are as follows:

December 15, 2015 VND 22,150 December 31, 2015 VND 22,100 January 10, 2016 VND 22,050 a/ How does the fluctuation in exchange rates affect Butuata’s 2015 income statement?

b/ How does the fluctuation in exchange rates affect Butuata’s 2016 income statement?

a.

20/12/2015

Dr 131 $50,000 * 22,150 = 1,107,500,000

31/12/2015

Dr 413 $50,000 * (22,150 – 22,100)= 2,500,000

K t chuy n:ế ể

S bi n đ ng làm chi phí ho t đ ng tài chính trong báo cáo tài chính cu i năm 2015 tăngự ế ộ ạ ộ ố 2,500,000 VNĐ

10/1/2016

Dr 1122 $50,000 * 22,050= 1,102,500,000

Dr 413 $50,000 * (22,100 – 22,050)= 2,500,000

K t chuy n:ế ể

S bi n đ ng làm chi phí ho t đ ng tài chính trong báo cáo tài chính cu i năm 2016 tăngự ế ộ ạ ộ ố 2,500,000 VNĐ

Bài 25 New Colony Corporation ( a Vne Company) made a sale to a foreign customer on September 15, 2015, for $100,000 It received payment on October 15, 2015 The following exchange rates for 1 FCU apply:

September 15, 2015 VND 22,100 September 30, 2015 VND 22,050 October 15, 2016 VND 22,000 Prepare all journal entries for New Colony in connection with this sale, assuming that the

company closes its books on September 30 to prepare interim financial statements

15/9/2015

Dr 131 $100,000 * 22,100

Cr 511 $100,000 * 22,100

30/9/2015

Dr 413 $100,000 * (22,100 – 22,050) =5,000,000

K t chuy n:ế ể

Dr 635 5,000,000

Vào cu i năm tài chính, công ty l 5,000,000 VNĐ do chênh l ch t giá h i đoáiố ỗ ệ ỷ ố

15/10/2015

Dr 1122 $100,000 * 22,000

Dr 635 $100,000 * ( 22,050 -22,000)

Cr 131 $100,000 * 22,050

Dr 413 $100,000 * (22,050 – 22,000)= 5,000,000

K t chuy n:ế ể

Bài 26 On December 1, 2015, Dresden Company ( a Vne Company located in Danang City)

purchases inventory from a foreign supplier for $60,000 Dresden will pay in 90 days after it sells this merchandise It makes sales rather quickly and pays this entire obligation on January 28,

2016 Currency exchange rates for $1 are as follows:

December 1, 2015 VND 22,200 December 31, 2015 VND 22,100 January 28, 2016 VND 22,050 Prepare all journal entries for Dresden Company in connection with the purchase and payment

1/12/2015

Dr 156 $60,000 * 22,200

Cr 331 $60,000 * 22,200

31/12/2015

Dr 331 $60,000 * (22,200 – 22,100)= 6,000,000

K t chuy n:ế ể

28/1/2016

S d ng t giá ghi s ử ụ ỷ ổ

Dr 331 $60,000 * 22,100

Cr 1122 $60,000 * 22,000

Cr 515 $60,000 * 100

S d ng t giá th c t ử ụ ỷ ự ế

Dr 331 $60,000 * 22,100

Cr 1122 $60,000 * 22,050

Bài 27 Acme Corporation (a Vne Company located in Quang Ngai) has the following import/

export transactions in 2015

March 1 Bought inventory costing $50,000 on credit

May 1 Sold 60 percent of the inventory for $45,000 on credit

August 1 Collected $40,000 from customers

September 1 Paid $30,000 to creditors

Currency exchange rates for $1 for 2015 are as follows:

March 1 VND 21,950

August 1 VND 22,030

September 1 VND 22,050 December 31 VND 22,100 For each of the following accounts, how much will Acme report on its 2015 financial statements? a/ Inventory

b/ Cost of goods sold

c/ Sales

d/ Accounts receivable

e/ Accounts payable

f/ Cash

1/3/2015

Dr 156 $50,000 *21,950 =1,097,500,000

1/5/2015

Dr 632 60% *$50,000 *21,950 =658,500,000

Cr 152,153, 658,500,000

Dr 131 $45,000 *21,900

1/8/2015

Dr 1122 $40,000 *22,030 =881,200,000

Cr 131 $40,000 *21,900 =876,000,000

Cr 515 $40,000 *(22,030-21,900) = 5,200,000

1/9/2015

Dr 331 $30,000 *21,950 = 658,500,000

Dr 635 $30,000 *(22,050 -21,950)= 3,000,000

Cr 1122 $30,000x22,050=661,500,000

TK 131:

Dr 131 $5,000 *(22,100-21,900)

Cr 413 $5,000 *(22,100-21,900)

TK 331:

Dr 413 $20,000 *(22,100 -21,950)

Cr 331 $20,000 *(22,100 -21,950)

TK 1122:

Dr 413 $10,000 * (22,120 -22,100)

Cr 1122 $10,000 * (22,120 -22,100)

K t chuy n cu i kỳ:ế ể ố

Inventory = $50,000 * 21,950 - 60% *$50,000 *21,950 = 1,097,500,000 - 658,500,000

=439,000,000

Cost of goods sold = 60% *$50,000 *21,950 =658,500,000

Sales = $45,000 *21,900= 985,500,000

Receivable = $5,000 *22,100= 110,500,000

Payment = $20,000 *22,100 = 442,000,000

Bài 28 Bartlett Company, headquartered in Hue, has occasional transactions with companies

in a foreign country whose currency is the USD Prepare journal entries for the following transactions in VND Also prepare any necessary adjusting entries at December 31 caused by fluctuations in the value of the lira Assume that the company uses a perpetual inventory system

Transactions in 2015

February 1 Bought equipment for $40,000 on credit

April 1 Paid for the equipment purchased February 1

June 1 Bought inventory for $30,000 on credit

August 1 Sold 70 percent of inventory purchased June 1 for $40,000 on credit October 1 Collected $30,000 from the sales made on August 1, 2015

November 1 Paid $20,000 on the debts incurred on June 1, 2015

Transactions in 2016

February 1 Collected remaining $10,000 from August 1, 2015, sales

March 1 Paid remaining $10,000 from the debts incurred on June 1, 2015

Currency exchange rates for 1 lira for 2015

February 1 VND 21,900

April 1 VND 21,950

June 1 VND 22,000

August 1 VND 22,050

October 1 VND 22,100

November 1 VND 22,150

December 31 VND 22,100

Currency exchange rates for 1 lira for 2016

February 1 VND 22,150

March 1 VND 22,050

Transactions in 2015

1/2/2015

Dr 211 $40,000 * 21,900

Cr 331 $40,000 * 21,900

1/4/2015

Dr 331 $40,000 * 21,900

Dr 635 $40,000 * (21,950 – 21,900)

Cr 1122 $40,000 * 21,950

1/6/2015

Dr 156 $30,000 * 22,000

Cr 331 $30,000 * 22,000

1/8/2015

Dr 131 $40,000 * 22,050

Cr 511 $40,000 * 22,050

Dr 632 $30,000 *70% * 22,000

Cr 156 $30,000 *70% * 22,000

1/10/2015

Dr 1122 $30,000 *22,100

Cr 131 $30,000 * 22,050

Cr 515 $30,000 *(22,100 - 22,050)

1/11/2015

Dr 331 $20,000 * 22,000

Dr 635 $20,000 * (22,150 - 22,000)

Cr 1122 $20,000 * 22,150

31/12/2015

TK 131:

Dr 131 $10,000 *(22,100 -22,050)

Cr 413 $10,000 *(22,100 -22,050)

TK 331:

Dr 413 $10,000 * (22,100 -22,000)

Cr 331 $10,000 * (22,100 -22,000)

K t chuy n:ế ể

Dr 635 $10,000 *0.05

Cr 413 $10,000 *0.05

Transactions in 2016

1/2/2016

Dr 1122 $10,000 * 22,150

Cr 131 $10,000 * 22,050

Cr 515 $10,000 * (22,150 – 22,050)

1/3/2016

Dr 331 $10,000 * 22,100

Cr 1122 $10,000 * 22,050

Cr 515 $10,000 * 0.05

Bài 29 Benjamin, Inc operates an export/import business The company has considerable dealings with companies in the country of Camerrand The denomination on of all transactions with these companies is USD During 2015, Benjamin acquires 20,000 widgets at a price of $8 per widget It will pay for them when it sells them Currency exchange rates for $1 are as follows: September 1, 2015 VND 22,100

December 1, 2015 VND 22,150

December 31, 2015 VND 22,100

March 1, 2016 VND 22,050

a/ Assume that Benjamin acquired the widgets on December 1, 2015, and made payment on March 1, 2016 What is the effect of the exchange rate fluctuations on reported income in 2015 and 2016?

b/ Assume that Benjamin acquired the widgets on September 1, 2015, and made payment on December 1, 2015 What is the effect of the exchange rate fluctuations on reported income in 2015?

c/ Assume that Benjamin acquired the widgets on September 1, 2015, and made payment on March 1, 2016 What is the effect of the exchange rate fluctuations on reported income in 2015 and 2016?

a.

1/12/2015

Dr 156 $8 *20,000 *22,150

Cr 331 $8 *20,000 *22,150

31/12/2015

Dr 331 $8 *20,000 * (22,150 -22,100)

Cr 413 $8 *20,000 * (22,150 -22,100)

K t chuy n:ế ể

Dr 413 $8 *20,000 * (22,150 -22,100)

Cr 515 $8 *20,000 * (22,150 -22,100)

1/3/2016

Dr 331 $8 *22,150

Cr 1122 $8 *20,000 *22,050

Cr 515 $8 * 20,000 *(22,150 -22,050)

S bi n đ ng làm doanh thu ho t đ ng tài chính trong báo cáo tài chính cu i năm 2015 tăngự ế ộ ạ ộ ố 8,000,000 VNĐ

S bi n đ ng làm doanh thu ho t đ ng tài chính trong báo cáo tài chính cu i năm 2016 tăngự ế ộ ạ ộ ố 16,000,000 VNĐ

b.

1/9/2015

Dr 156 $8 *20,000 *22,100

Cr 331 $8 *20,000 *22,100

1/12/2015

Dr 1122 $8 *20,000 *22,100

Dr 635 $8 *20,000 *(22,150 -22,100)

Cr 331 $8 *20,000 *22,150

31/12/2015

Dr 413 $8 *20,000 *(22,150 -22,100)

Cr 331 $8 *20,000 *(22,150 -22,100)

K t chuy n:ế ể

Dr 635 $8 *20,000 *(22,150 -22,100)

Cr 413 $8 *20,000 *(22,150 -22,100)

S bi n đ ng làm chi phí ho t đ ng tài chính trong báo cáo tài chính cu i năm 2015 tăngự ế ộ ạ ộ ố 8,000,000 VNĐ

c.

1/9/2015

Dr 156 $8 *20,000 *22,100

Cr 331 $8 *20,000 *22,100

1/3/2016

Dr 331 $8 *22,100

Cr 1122 $8 *20,000 *22,050

Cr 515 $8 * 20,000 *(22,100 -22,050)

Vì t giá h i đoái 1/9/2015 b ng t giá h i đoái 31/12/2015 nên không có bi n đ ng trongỷ ố ằ ỷ ố ế ộ báo cáo tài chính cu i năm 2015ố

S bi n đ ng làm cho báo cáo tài chính cu i năm 2016 tăng 8,000,000 VNĐ trong doanh thuự ế ộ ố

ho t đ ng tài chínhạ ộ