PT.

PAULIN ABADI SEJAHTERA

Memorial Journal (ADJUSTMENT)
December 2019 Page :

DATE DOC. NO ACCOUNT NAME AND DECSRIPTION REF DEBIT CREDIT

31 BM.03/XII Supplies Expense 6115 4.800.000
Office Supplies 1110 4.800.000

31 BM.04/XII Cash In Bank 1101 2.151.500

Bank Service Charge 9102 754.500
Income Tax Expense 9104 726.500
Interest Revenue 8101 3.632.500

31 BM.05/XII Uncollectible Accounts 6108 31.913.500

Allowance for Uncollectible Accounts 1105 31.913.500

31 BM.06/XII Insurance Expense 6114 4.100.000

Prepaid Insurance 1111 4.100.000
Rent Expense 6113 37.500.000
Prepaid Rent 1112 37.500.000

31 BM.07/XII Building Depreciation 6101 1.875.000

Vehicles Depreciation 6102 2.600.000
Equipment Depreciation 6103 1.562.500
Building Accumulated Dep 1303 1.875.000
Vehicles Accumulated Dep 1305 2.600.000
Equipment Accumulated Dep 1307 1.562.500

31 BM.08/XII Accrued Interest Receivable 1108 150.000,00

Interest Revenue 8101 150.000,00
Interest Expense 9101 240.000,00
Accrued Expense 2103 240.000,00

31 BM.09/XII Advertising Expense 6109 1.000.000,00

Petty Cash 1102 1.000.000,00

31 BM.10/XII Utilities Expense 6104 450.000,00

Wages & Salaries 6112 9.000.000,00
Accrued Expense 2103 9.450.000,00

31 BM.11/XII Income Tax Expense 9104 4.956.511,00

Income Tax Payable 2105 4.956.511,00

-
103.780.011 103.780.011
 PT. PAULIN ABADI SEJAHTERA
INCOME STATEMENT
For The Year Ended, December, 31, 2019
Sales Rp 2.310.206.000
Sales Return Rp (73.350.000)
Sales Discount Rp (27.869.900)
Late Fee Collected Rp 7.295.000
Freight Collected Rp 27.335.000
Net Sales Rp 2.243.616.100
Cost Of Good Sold Rp (1.333.634.335)
Cost Of Goods Sold Rp (1.333.634.335)
Gross Profit Rp 909.981.765
Operating Expense
Building Depreciation Rp (22.500.000)
Vehicles Depreciation Rp (49.950.000)
Equipment Depreciation Rp (18.750.000)
Utilities Expense Rp (10.320.000)
Profesional Fees Rp (36.000.000)
Late Fee Paid Rp (1.045.000)
Repair & Maintenance Rp (1.560.000)
Uncollectible Accounts Rp (31.913.500)
Advertising Expense Rp (5.500.000)
Cleaning Service Rp (7.650.000)
Postage & Stationary Rp (7.813.500)
Wages & Salaries Rp (85.986.000)
Rent Expense Rp (37.500.000)
Insurance Expense Rp (4.100.000)
Supplies Expense Rp (4.800.000)
Other's Expense Rp (1.765.000)
Total Operating Expense Rp (327.153.000)
Operating Income Rp 582.828.765
Other Income
Interest Revenue Rp 4.075.750
Dividend Revenue Rp 12.500.000
Amount Rp 16.575.750
Other Expense
Bank Service Charge Rp (990.000)
Loss on Trade In Rp (754.500)
Income Tax Expense Rp (9.847.500)
Amount Rp (11.592.000)
Total Other Income/Expense Rp 4.983.750
Earning Before Taxes Rp 587.812.515
Income Tax Expense Rp (25.037.661)
Earning After Taxes Rp 562.774.854
 PT. PAULIN ABADI SEJAHTERA
STATEMENTS OF RETAINED EARNING
FOR THE YEARS ENDED 31 DECEMBER 2019

Akun Number Particulars Retained Earning

3103 Balance at 31 December 2018 Rp 240.982.500

3104 Income Summary Rp 562.774.854

3102 Dividend Rp (50.000.000)

4104 Balance at 31 December 2019 Rp 753.757.354

 PT. PAULIN ABADI SEJAHTERA
BALANCE SHEET
AS AT DECEMBER, 31, 2019 and 2018

ASSETS 2019 2018 LIABILITIES & EQUITIES 2019 2018

Current Assets Current Liabilities
Cash In Bank 221.553.675 159.529.000 Accounts Payable 153.074.500 332.818.500
Petty Cash 2.000.000 5.000.000 Notes Payable 12.000.000 25.000.000
Notes Receivable 5.000.000 - Accrued Expense 9.690.000 12.683.000
Accounts Receivable 278.310.000 86.750.000 VAT Out 49.849.600 -
Allowance for Uncollectible Accounts (13.915.500) (4.310.000) Income Tax Payable 10.076.511 23.650.000
Merchandise Inventory 104.547.790 95.600.000 Dividend Payable 45.000.000 -
VAT In 40.527.000 - VAT Payable - 71.382.500
Accrued Interest Receivable 150.000 - Amount 279.690.611 465.534.000
Employee Receivable - - Long Term Debts
Office Supplies 3.000.000 4.560.000 Bank Mandiri Loan 198.125.000 237.500.000
Prepaid Insurance 1.500.000 2.000.000
Prepaid Rent 28.000.000 17.500.000 Equities
Amount 670.672.965 366.629.000 Common Stock 450.000.000 450.000.000
Non Current Assets Retained Earnings 753.757.354 240.982.500
Stock Invesment 252.500.000 252.500.000 Amount 1.203.757.354 690.982.500
Land 300.000.000 300.000.000
Building 450.000.000 450.000.000
Building Accumulated Dep (225.000.000) (202.500.000)
Vehicles 354.000.000 399.600.000
Vehicles Accumulated Dep (145.600.000) (215.962.500)
Equipment 75.000.000 75.000.000
Equipment Accumulated Dep (50.000.000) (31.250.000)
Amount 1.010.900.000 1.027.387.500

Total Assets 1.681.572.965 1.394.016.500 Total Liabilities & Equites 1.681.572.965 1.394.016.500
 PT. PAULIN ABADI SEJAHTERA
CASH FLOW STATEMENTS
For The Year Ended, December, 31, 2019
OPERATING ACTIVITIES
Income Summary Rp 564.774.854
Building Depreciation Rp 22.500.000
Vehicles Depreciation Rp 49.950.000
Equipment Depreciation Rp 18.750.000
Uncollectible Accounts Rp 31.913.500
Loss on Trade In Rp 9.847.500
Notes Receivable Increase/Decrease (5.000.000)
Accounts Receivable Increase/Decrease (213.868.000)
Allowance for Uncollectible Accounts
Increase/Decrease
Merchandise Inventory Increase/Decrease (8.947.790)
VAT In Increase/Decrease (40.527.000)
Accrued Interest Receivable Increase/Decrease (150.000)
Employee Receivable Increase/Decrease -
Office Supplies Increase/Decrease 1.560.000
Prepaid Insurance Increase/Decrease 500.000
Prepaid Rent Increase/Decrease (10.500.000)
Accounts Payable Increase/Decrease (179.744.000)
Notes Payable Increase/Decrease (13.000.000)
Accrued Expense Increase/Decrease (2.993.000)
VAT Out Increase/Decrease 49.849.600
Income Tax Payable Increase/Decrease (18.573.489)
Dividend Payable Increase/Decrease
VAT Payable Increase/Decrease (71.382.500)
Net Cash flow from operating activities 184.959.675

INVESTING ACTIVITIES
Change for Vehicles (84.560.000)
Net cash flow used to Investing activities (84.560.000)
FINANCING ACTIVITIES
Deviden
Payment Bank Loan (39.375.000)
Net cash flow Used to Investing activities (39.375.000)
Increase/Decrease Cash & Equivalent Cash 61.024.675
Cash & Equivalent Cash 31 desember 2018 164.529.000
Cash & Equivalent Cash 31 desember 2019 225.553.675
 PT. PAULIN ABADI SEJAHTERA
Memorial Journal (CLOSING ENTRY)
December 2019 Page :

DOC.
DATE DESCRIPTION REF DEBIT CREDIT
NO.
31-Des-19 BM-13 Sales 4101 2.310.206.000,00
Late Fee Collected 4104 7.295.000,00
Freight Collected 4105 27.335.000,00
Interest Revenue 8101 4.075.750,00
Dividend Revenue 8102 12.500.000,00
Income Summary 3104 2.361.411.750,00

31-Des-19 BM-14 Income Summary 3104 1.798.636.896,00

Sales Return 4102 73.350.000,00
Sales Discount 4103 27.869.900,00
Cost Of Good Sold 5101 1.333.634.335,00
Building Depreciation 6101 22.500.000,00
Vehicles Depreciation 6102 49.950.000,00
Equipment Depreciation 6103 18.750.000,00
Utilities Expense 6104 10.320.000,00
Profesional Fees 6105 36.000.000,00
Late Fee Paid 6106 1.045.000,00
Repair & Maintenance 6107 1.560.000,00
Uncollectible Accounts 6108 31.913.500,00
Advertising Expense 6109 5.500.000,00
Cleaning Service 6110 7.650.000,00
Postage & Stationary 6111 7.813.500,00
Wages & Salaries 6112 85.986.000,00
Rent Expense 6113 37.500.000,00
Insurance Expense 6114 4.100.000,00
Supplies Expense 6115 4.800.000,00
Other's Expense 6116 1.765.000,00
Interest Expense 9101 990.000,00
Bank Service Charge 9102 754.500,00
Loss on Trade In 9103 9.847.500,00
Income Tax Expense 9104 25.037.661,00

31-Des-19 BM-15 Income Summary 3104 562.774.854,00

Retained Earnings 3103 562.774.854,00

31-Des-19 BM-16 Retained Earnings 3103 50.000.000,00

Dividend 3102 50.000.000,00

Total 4.772.823.500,00 4.772.823.500,00

 PT. PAULIN ABADI SEJAHTERA
CLOSING BALANCE
December 31, 2019

ACCOUNT
ACCOUNT NAME DEBIT CREDIT
NO.
1101 Cash In Bank 221.553.675 -

1102 Petty Cash 2.000.000 -

1103 Notes Receivable 5.000.000 -

1104 Accounts Receivable 278.310.000 -

1105 Allowance for Uncollectible Accounts - 13.915.500

1106 Merchandise Inventory 104.547.790 -

1107 VAT In 40.527.000 -

1108 Accrued Interest Receivable 150.000 -

1109 Employee Receivable - -

1110 Office Supplies 3.000.000 -

1111 Prepaid Insurance 1.500.000 -

1112 Prepaid Rent 28.000.000 -

1201 Stock Invesment 252.500.000 -

1301 Land 300.000.000 -

1302 Building 450.000.000 -

1303 Building Accumulated Dep - 225.000.000

1304 Vehicles 354.000.000 -

1305 Vehicles Accumulated Dep - 145.600.000

1306 Equipment 75.000.000 -

1307 Equipment Accumulated Dep - 50.000.000

2101 Accounts Payable - 153.074.500

2102 Notes Payable - 12.000.000

2103 Accrued Expense - 9.690.000

2104 VAT Out - 49.849.600

2105 Income Tax Payable - 10.076.511

2106 Dividend Payable - 45.000.000

2107 VAT Payable - -

2201 Bank Mandiri Loan - 198.125.000

3101 Common Stock - 450.000.000

3102 Dividend - -

3103 Retained Earnings - 753.757.354

2.116.088.465 2.116.088.465