Said Jamil, Attorney-at Law, is a proprietorship owned and operated by Said Jamil.

On July 1, 2015, the company has the

following assets and liabilities
 Question 1
Bayu Delivery Service is owned and operated by Bayu Prayogo. The following selected transactions were completed
by Bayu Delivery Service during August:

1 Received cash from owner as additional investment Rp25.000.000,-

2 Paid creditors on account, Rp3.750.000,-
3 Billed customers for delivery services on account, Rp22.400.000,-
4 Received cash from customers on account, Rp11.300.000,-
5 Paid cash to owner for personal use, Rp6.000.000,-

indicate the effect of each transaction on the accounting equation elements (Assets, Liabilities, Owner's Equity ,
Drawing, Revenue, and Expense). Also indicate the specific item within the accounting equation element that is
affected. To illustrate the answer to
(1)
(1) isAsset
shown below
(cash) increases by Rp25.000.000; Owner's Equity (Bayu Prayogo,
Capital) increases by Rp25.000.000,-

Question 2
The revenues ans expenses of Vakansi Travel Service for the year ended November 30, 2016, are listed below:
Fees Earned Rp1.475.000.000
Office Expense Rp320.000.000
Miscellaneous Expense Rp28.000.000
Wages Expense Rp885.000.000
Prepare an income statement for the current year ended November 30, 2016

Question 3

Using the income statement for Vakansi Travel Service shown in question 2, prepare a statement of owner's equity
for the current year ended November 30, 2016. Bagja Hidayat, the owner, invested an additional Rp50.000.000,- in
the business during the year and withdraw cash of Rp30.000.000 for personal use. Bagja Hidayat, capital of
December 1, 2015, was Rp666.000.000