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  • Finna Fitria Chopandi - TM 10 - Ucp 3

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    Finna Fitria Ch
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    The document contains journal entries recording various asset transactions for a company. On January 3, equipment worth Rp5 million was purchased by issuing an account payable. On February 5, a vehicle was purchased for Rp200 million by paying cash. On March 10, the equipment was disposed of, recognizing a loss and accumulated depreciation expense. On July 4, a building was sold, recognizing a loss and accumulated depreciation expense. On September 17, land was purchased by issuing an account payable for Rp500 million. On October 8, accumulated depreciation was recorded for the equipment.

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    2110102036_finna Fitria Chopandi_tm 10_ucp 3

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    The document contains journal entries recording various asset transactions for a company. On January 3, equipment worth Rp5 million was purchased by issuing an account payable. On February 5, a vehicle was purchased for Rp200 million by paying cash. On March 10, the equipment was disposed of, recognizing a loss and accumulated depreciation expense. On July 4, a building was sold, recognizing a loss and accumulated depreciation expense. On September 17, land was purchased by issuing an account payable for Rp500 million. On October 8, accumulated depreciation was recorded for the equipment.

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    13 views8 pages

    Finna Fitria Chopandi - TM 10 - Ucp 3

    Uploaded by

    Finna Fitria Ch
    The document contains journal entries recording various asset transactions for a company. On January 3, equipment worth Rp5 million was purchased by issuing an account payable. On February 5, a vehicle was purchased for Rp200 million by paying cash. On March 10, the equipment was disposed of, recognizing a loss and accumulated depreciation expense. On July 4, a building was sold, recognizing a loss and accumulated depreciation expense. On September 17, land was purchased by issuing an account payable for Rp500 million. On October 8, accumulated depreciation was recorded for the equipment.

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    of 8

    ASSETS

    SOAL 4

    GENERAL JOURNAL
    DATE ACCOUNTS DEBIT KREDIT
    03-Jan-18 equipment Rp5,000,000
    A/P Rp5,000,000
    05-Feb-18 Vehicle Rp200,000,000
    Cash Rp200,000,000
    10-Mar-18 Cash Rp2,000,000
    Accum. Depre. Expense-Equipment Rp4,787,500
    Loss on Disposal of Plant Assets Rp712,500
    Equipment Rp7,500,000

    04-Jul-18 Cash Rp150,000,000


    Accum. Depre. Expense-Building Rp26,458,333
    Loss on Disposal of Plant Assets Rp123,541,667
    Building Rp300,000,000

    17-Sep-18 Tanah Rp500,000,000


    A/P Rp500,000,000
    08-Oct-21 Accum. Depre. Equip Rp15,000,000
    Equipment Rp15,000,000
    Hutang Lancar

    SOAL 5

    GENERAL JOURNAL
    DATE ACCOUNTS DEBIT
    2017 Jan 10 Merchandise Inventory Rp60,000,000
    Account Payable

    Jan 15 Account Payable Rp60,000,000


    Notes Payable

    Mar 14 Prepaid Insurance Rp12,000,000


    Cash

    March 14 Notes Payable Rp60,000,000


    Interest Expense Rp483,333
    Cash

    Apr 2 Prepaid Rent Rp20,000,000


    Cash

    Jul 5 Building Rp196,666,667


    Interest Expense Rp3,333,333
    Notes Payable

    Jul 12 Merchandise Inventory Rp40,000,000


    Account Payable

    Sep 3 Notes Payable Rp200,000,000


    Cash

    Dec 28 Account Payable Rp40,000,000


    Cash

    ADJUSTING ENTRIES
    DATE ACCOUNTS DEBIT
    2017 Dec 31 Insurance Expense Rp10,000,000
    Prepaid Insurance
    Dec 31 Rent Expense Rp15,000,000
    Prepaid Rent
    CREDIT

    Rp60,000,000

    Rp60,000,000

    Rp12,000,000

    Rp60,483,333

    Rp20,000,000

    Rp200,000,000

    Rp40,000,000

    Rp200,000,000

    Rp40,000,000

    CREDIT

    Rp10,000,000
    Rp15,000,000
    HUTANG JANGKA PANJANG

    SOAL 5

    Affective Rate Method


    GENERAL JOURNAL
    Date Accounts Debit Credit
    2017
    Apr 1 Cash Rp91,888,700
    Discount on Bonds Payable Rp8,111,300
    Bonds Payable Rp100,000,000

    Jul 1 Interest Expense Rp3,675,548


    Discount on Bonds Payable Rp675,548
    Cash Rp3,000,000

    Dec 31 Intrest Expense Rp4,027,022


    Discount on Bonds Payable Rp1,027,022
    Interest Payable Rp3,000,000

    2018
    Jan 1 Interest Payable Rp3,000,000
    Cash Rp3,000,000

    Jul 1 Interest Expense Rp3,730,673


    Discount on Bonds Payable Rp730,673
    Cash Rp3,000,000

    Dec 31 Intrest Expense Rp4,029,227


    Discount on Bonds Payable Rp1,029,227
    Interest Payable Rp3,000,000

    Dec 31 Income Summary Rp7,759,900


    Interest Expense Rp7,759,900
    Schedule Discount Amortization - Effective Rate Method
    For The Year Ended Interest Paid
    Beginning Balance (contractual rate x nominal)
    Jan 1 2017
    Jul 1 2017 Rp3,000,000
    Jan 1 2018 Rp3,000,000
    Jul 1 2018 Rp3,000,000
    Jan 1 2019 Rp3,000,000
    Jul 1 2019 Rp3,000,000
    Jan 1 2020 Rp3,000,000
    Jul 1 2020 Rp3,000,000
    Jan 1 2021 Rp3,000,000
    Juli 1 2021 Rp3,000,000
    Adjustment Rp3,000,000
    ule Discount Amortization - Effective Rate Method
    Interest Expense Amortization Carrying Value
    (Effective rate x carrying value)
    Rp91,888,700
    Rp3,675,548 Rp675,548 Rp92,564,248
    Rp3,702,570 Rp702,570 Rp93,266,818
    Rp3,730,673 Rp730,673 Rp93,997,491
    Rp3,759,900 Rp759,900 Rp94,757,390
    Rp3,790,296 Rp790,296 Rp95,547,686
    Rp3,821,907 Rp821,907 Rp96,369,593
    Rp3,854,784 Rp854,784 Rp97,224,377
    Rp3,888,975 Rp888,975 Rp98,113,352
    Rp3,924,534 Rp924,534 Rp99,037,886
    Rp3,962,114 Rp962,114 Rp100,000,000

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