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  • Accounting Changes Average-FIFO (02.05.17)

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    fauziyah
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    This document contains financial information for multiple years including inventory balances, cost of goods sold, revenues, and net income. It appears to be adjusting the inventory valuation method from average cost to FIFO cost. The adjustments increase inventory balances in prior years and decrease cost of goods sold, increasing net income as a result. The document also contains adjusted income statements and balance sheets reflecting these changes.

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    Accounting Changes for Intermediate Accounting

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    This document contains financial information for multiple years including inventory balances, cost of goods sold, revenues, and net income. It appears to be adjusting the inventory valuation method from average cost to FIFO cost. The adjustments increase inventory balances in prior years and decrease cost of goods sold, increasing net income as a result. The document also contains adjusted income statements and balance sheets reflecting these changes.

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    12 views1 page

    Accounting Changes Average-FIFO (02.05.17)

    Uploaded by

    fauziyah
    This document contains financial information for multiple years including inventory balances, cost of goods sold, revenues, and net income. It appears to be adjusting the inventory valuation method from average cost to FIFO cost. The adjustments increase inventory balances in prior years and decrease cost of goods sold, increasing net income as a result. The document also contains adjusted income statements and balance sheets reflecting these changes.

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    of 1

    Persediaan COGS RE

    Date Selisih Selisih NI


    Avg FIFO Avg FIFO Avg
    1-Jan-13 - - - -
    31-Dec-13 20,000 16,000 (4,000) 160,000 164,000 (4,000) 180,000
    31-Dec-14 40,000 48,000 8,000 200,000 188,000 12,000 330,000 150,000
    31-Dec-15 64,000 78,000 14,000 226,000 220,000 6,000 460,500 130,500 x tidak dipakai lagi

    Ubah tgl 1-Jan-15 dari average ke FIFO

    Thn 2013 Thn 2014


    RE 4,000 Persediaan 12,000
    Persediaan 4,000 RE 12,000

    Utang pajak 1,000 RE 3,000


    RE 1,000 Utang pajak 3,000

    IS 31-Dec-15 31-Dec-14 RE Utang Pajak


    adjusted 180,000 1,000 3,000
    Penjualan 640,000 600,000 given 4,000 1,000
    COGS (220,000) (188,000) FIFO 150,000
    Gross profit 420,000 412,000 3,000 12,000
    Opex (240,000) (200,000) given 336,000 31-Dec-14
    OI 180,000 212,000 135,000
    Pajak 25% (45,000) (53,000) 471,000 31-Dec-15
    NI 135,000 159,000

    Neraca 31-Dec-15 31-Dec-14 31-Dec-13


    Aset Persediaan 78,000 48,000 16,000 all FIFO
    Liabilitas Utang pajak 2,000 2,000 (1,000)
    Ekuitas RE 471,000 336,000 177,000 FIFO
    RE before 460,500 330,000 180,000 average

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