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    Quiz Dedi Mizwar-0117104027-B2b

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    Dedi mizwar
    This document contains information about a student named Dedi Mizwar enrolled in the regular B2B class of the Economics faculty, Accounting study program. It also contains calculations related to the amortization and interest of bonds held by Pine's Investment in Scent. Specifically, it shows the book values of bonds payable and retired bonds over 2012 and 2013, as well as the interest expense and income amounts.

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    Quiz Dedi Mizwar-0117104027-B2b

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    Dedi mizwar
    11 views2 pages
    This document contains information about a student named Dedi Mizwar enrolled in the regular B2B class of the Economics faculty, Accounting study program. It also contains calculations related to the amortization and interest of bonds held by Pine's Investment in Scent. Specifically, it shows the book values of bonds payable and retired bonds over 2012 and 2013, as well as the interest expense and income amounts.

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    QUIZ DEDI MIZWAR-0117104027-B2B

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    This document contains information about a student named Dedi Mizwar enrolled in the regular B2B class of the Economics faculty, Accounting study program. It also contains calculations related to the amortization and interest of bonds held by Pine's Investment in Scent. Specifically, it shows the book values of bonds payable and retired bonds over 2012 and 2013, as well as the interest expense and income amounts.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    11 views2 pages

    Quiz Dedi Mizwar-0117104027-B2b

    Uploaded by

    Dedi mizwar
    This document contains information about a student named Dedi Mizwar enrolled in the regular B2B class of the Economics faculty, Accounting study program. It also contains calculations related to the amortization and interest of bonds held by Pine's Investment in Scent. Specifically, it shows the book values of bonds payable and retired bonds over 2012 and 2013, as well as the interest expense and income amounts.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 2

    NAMA : DEDI MIZWAR

    NPM : 0117104027
    KELAS : REGULER B2B
    FAKULTAS : EKONOMI
    PRODI : AKUNTANSI

    - Portion of bonds retired: 2,000/5,000 = 40%


    - Loss on retirement: 40%(4,800) – 2,040 = -$120
    - Pine's Investment in Scent: 75%(500 – 120 + 210 - 195) = $296.25
    (Rounding jadi 296)
    - Noncontrolling interest share: 25%(500 – 120 + 210 - 195) = $98.75
    (Rounding jadi 99)

    Amortizations and Interest

     SCENT’S  Book value  Fiscal Year  Book value  Fiscal Year  Book value
    BOOKS: 1/1/2012 2012 12/31/ 2012 2013 12/31/ 2013
     Bonds  $4,800 +$25 $4,825 +$25  $4,850
    payable
     Retired  $1,920    $1,930    $1,940
    40%
     Interest    250+250+25   250+250+25  
    expense =$525 =$525
     Retired   $210   $210  
    40%
               
     PINE'S          
    BOOKS:
     Investment  $2,040  -$5  $2,035  -$5  $2,030
    in bonds
     Interest    100+100-5   100+100-5  
    income =$195 =$195

    2012 Entries with Loss


    (Dr) Bond Payable 1,930
    (Dr) Interest income (-R, -SE) 195
    (Dr) Loss on retirement of bonds (Lo, -SE) 120
    (Cr) Interest expense (-E, +SE) 210
    (Cr) Investment in bonds (-A) 2,035

    (Dr) Interest payable (-L) 100


    (Cr) Interest receivable (-A) 100

    2013 Worksheet Entries


    (Dr) Bond Payable 1,940
    (Dr) Interest income (-R, -SE) 195
    (Dr) Investment in Scent (+A) 105
    (Cr) Investment in bonds (-A) 2,030
    (Cr) Interest expense (-E, +SE) 210

    (Dr) Interest payable (-L) 100


    (Cr) Interest receivable (-A) 100

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