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Calculate the Total Investment:
Total Investment = (Number of shares * Nominal value per share) + Provision
Total Investment = (1,000 * Rp10,000) + Rp20,000
Total Investment = Rp10,000,000 + Rp20,000
Total Investment = Rp10,020,000
Journal Entry:
Debit the Investment in PT Abadi's Shares account for the total investment amount.
Credit the Cash/Bank account for the same total investment amount.
Journal Entry: "
| Account | Debit | Credit |
|---|---|---|
| Investment in PT Abadi's Shares | Rp10,020,000 | |
| Cash/Bank | Rp10,020,000 | |
| " |
This journal entry records the purchase of 1,000 shares of PT Abadi at a nominal value of Rp10,000 per share, with a provision of Rp20,000.
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