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Date of foreign exchange-denominated income
The exchange rate is the benchmark exchange rate on the day when payment is received.

When revenue was confirmed last month, the benchmark exchange rate 1 was used as an entry.

Debit: Accounts Receivable-Foreign Exchange Receivable-* * Company 6800.00

Loan: income from main business is 6800.00.

Debit: the main business cost (re-export is not deductible for input tax) is 800.00.

Credit: payable tax-payable value-added tax-transferred-out input tax 800.00.

Received payment this month

Debit: Bank deposit is 6700.00.

Financial expenses 100.00

Loan: Accounts Receivable-Foreign Exchange Receivable-* * Company 6800.00