Adjusting Entries

No Date Desc Debit Credit Building 240.000.000

1 31/12/2015 Cash Short and Over 5.500 Residu Value 30.000.000
Cash On Hand 5.500 Depreciable Value 210.000.000
2 31/12/2015 Delivery Expense 32.000 Accum. Depre 94.500.000
Miscellaneous Administrative Expense 148.000 Book Value Akhir 115.500.000
Miscellaneous Selling Expense 14.500 sisa Useful Life 80 bulan
Cash On Hand 194.500 Depreciable Cost / bulan 1.443.750
Cash On Hand 300.000 Depreciation tahun 2015 17.325.000
Petty Cash 300.000
3 31/12/2015 Restricted Cash 25.000.000 Store Equipment
Cash On Hand 25.000.000 2012 4/12 * 8/36 * (120.000.000 - 12.000.000) 8.000.000
4 31/12/2015 Cash In Bank 4.776.500 2013 4/12 * 7/36 * 108.000.000 + 8/12 * 8/36 * 108.000.000 23.000.000 51.000.000
Interest Revenue 1.026.500 2014 4/12 * 6/36 * 108.000.000 + 8/12 * 7/36 * 108.000.000 20.000.000
Account Receivable 3.750.000 2015 4/12 * 5/36 * 108.000.000 + 8/12 * 6/36 * 108.000.000 17.000.000
Miscellaneous Administrative Expense 150.000
Cash In Bank 150.000
5 31/12/2015 Bad Debt Expense 1.860.000 Vehicle Mobil
AFDA 1.860.000 (1.805.000 + 55.000) 40%*150.000.000 60.000.000
6 31/12/2015 Loss of Declining Inventory 105.000 Vehicle Motor
Merchandise Inventory 105.000 (7.075.000 - 6.970.000) nilai perolehan 20.000.000 (170.000.000-150.000.000)
7 31/12/2015 Depreciation Expense 17.325.000 Accum. Depreciation 17.000.000
Accumulated Deprec. - Building 17.325.000 Book Value 3.000.000
Depreciation Expense 17.000.000 Residu Value 3.000.000
Accumulated Deprec. - Store Equipment 17.000.000 Tidak perlu disusutkan karena book value = residu value
Depreciation Expense 60.000.000
Accumulated Deprec. - Vehicle 60.000.000
8 31/12/2015 Cash On Hand 5.000.000
Accumulated Deprec. - Vehicle 17.000.000
Vehicle 20.000.000
Gain on Disposal 2.000.000
9 31/12/2015 Amortization Expense 3.750.000 (12.500.000 / sisa masa berlaku) -> sisa masa berlaku 60 bulan
Franchise 3.750.000 (12.500.000 / 60 * 12)
10 31/12/2015 Insurance Expense 300.000 Mobil
Prepaid Insurance 300.000 (1%*150.000.000/5 tahun)
Insurance Expense 750.000 Building -> asuransi sewa gedung
Prepaid Insurance 750.000 karena sewa gedung habis 26 februari
Insurance Expense 1.750.000 Pegawai (total prepaid - asuransi mobil - asuransi building)
Prepaid Insurance 1.750.000 (4.000.000 - 1.500.000 - 750.000)
11 31/12/2015 Office Supplies Expense 508.000
Office Supplies 508.000 (758.000 - 250.000)
12 31/12/2015 Prepaid Rent 10.000.000
Rent Expense 10.000.000 asumsi sewa 3 bulan
13 31/12/2015 Prepaid Advertising 2.000.000
Advertising Expense 2.000.000 (10.000.000 /10 bulan ) * 2 Notes Receivable 2.000.000
14 31/12/2015 Unearned Rent 3.750.000 asumsi disewakan selama 1 tahun Interest Revenue 30.000 (12%*45/360*2.000.000)
Rent Revenue 3.750.000 (5 * (9.000.000 / 12 bulan)) Maturity Value 2.030.000
15 31/12/2015 Cash On Hand 2.004.625 Dikonto 25.375 (15%*30/360*2.030.000)
Notes Receivable 2.000.000 Proceed 2.004.625
Interest Revenue 4.625
Interest Receivable 12.500 Bonus Gaji 0,2% dari Sales = 1.040.000 Untuk seluruh karyawan
Interest Revenue 12.500 (10%*45/360*1.000.000) membagi bonus menggunakan perbandingan salaries
16 31/12/2015 Sales Salaries Expense 6.172.941 sale 66.000.000/102.000.000 *1.040.000 672.941
Sales Salaries Payable 6.172.941 (gaji + bonus) office 36.000.000/102.000.000 *1.040.000 367.059
Office Salaries Expense 3.367.059
Office Salaries Payable 3.367.059 Gaji ( asumsi gaji 13 besarannya sama dengan gaji bulanan)
17 31/12/2015 Utilities Expense 950.000 Sale 66.000.000 / 12 5.500.000
Utilities Payable 950.000 (10.450.000 / 11) office 36.000.000 / 12 3.000.000
 UD TELOLET Table Inventory LCNRV
Bank Reconciliation
31 Desember 2015 Inventory Unit Cost / unit NRV / unit Total Cost Total NRV LCNRV
Kertas
Balance per Bank 206.326.500 A4 30 31.000 33.000 930.000 990.000 930.000
Add : Deposit In Transit 8.150.000 F4 50 36.000 35.000 1.800.000 1.750.000 1.750.000
1.750.000 A3 25 70.000 69.000 1.750.000 1.725.000 1.725.000
5.500.000 Stationery
900.000 Pulpen 21 40.000 45.000 840.000 945.000 840.000
Less : Oustanding Check 11.250.000 Penggaris 10 31.000 33.000 310.000 330.000 310.000
BM8842 500.000 Penghapus 12 25.000 22.500 300.000 270.000 270.000
BM8845 7.000.000 Map 20 52.250 52.500 1.045.000 1.050.000 1.045.000
BM8846 2.500.000 Selotip 8 12.500 12.800 100.000 102.400 100.000
BM8849 1.250.000 TOTAL 7.075.000 6.970.000
Adjusted Balannce per bank 203.226.500

Balance per book 198.600.000 Aging Schedule

Add : Interest Revenue 1.026.500
Collection (Notes Receivable) 2.500.000 Debitur Date of Issued Not Yet Due 1-30 31-60 61-90 91-180 >180
Collection (Notes Receivable) 1.250.000 03-Okt 400.000
Less : Administrative Bank (150.000) 02-Nov 400.000
UD ALFA
(Misc. Admin. Expense) 29-Nov 400.000
Adjusted Balance per Book 203.226.500 16-Des 650.000
30-Okt 800.000
UD BRAVO
02-Nov 650.000
UD CHARLIE 06-Nov 800.000
27-Sep 625.000
UD DELTA
29-Des 975.000
UD ECHO 05-Feb 900.000
UD SIERRA 16-Nov 2.500.000
03-Jun 800.000
01-Sep 750.000
OTHERS
01-Okt 600.000
31-Okt 750.000
TOTAL 12.000.000 1.625.000 4.750.000 1.950.000 1.225.000 750.000 1.700.000
RATE 2% 7,50% 10% 15% 25% 50%
AFDA 1.805.000 32.500 356.250 195.000 183.750 187.500 850.000
 UD TELOLET
Worksheet
31 Desember 2015

Unadjusted Trial Balance Adjustment Adjusted Trial Balance Income Statement Balance Sheet
Account
Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit
Cash On Hand 61.700.000 7.304.625 25.200.000 43.804.625 43.804.625
Cash In Bank 198.600.000 4.776.500 150.000 203.226.500 203.226.500
Petty Cash 300.000 300.000 - -
Restricted Cash 25.000.000 25.000.000 25.000.000
Account Receivable 12.000.000 3.750.000 8.250.000 8.250.000
AFDA 55.000 1.860.000 1.805.000 1.805.000
Notes Receivable 3.000.000 2.000.000 1.000.000 1.000.000
Interest Receivable 12.500 12.500 12.500
Office Suplies 758.000 508.000 250.000 250.000
Merchandise Inventory 7.075.000 105.000 6.970.000 6.970.000
Prepaid Insurance 4.000.000 2.800.000 1.200.000 1.200.000
Prepaid Advertising 2.000.000 2.000.000 2.000.000
Prepaid Rent 10.000.000 10.000.000 10.000.000
Land 50.000.000 50.000.000 50.000.000
Building 240.000.000 240.000.000 240.000.000
Accum. Depreciation - Building 94.500.000 17.325.000 111.825.000 111.825.000
Store Equipment 120.000.000 120.000.000 120.000.000
Accum. Depreciation - Store Equipment 51.000.000 17.000.000 68.000.000 68.000.000
Vehicle 170.000.000 20.000.000 150.000.000 150.000.000
Accum. Depreciation - Vehicle 17.000.000 17.000.000 60.000.000 60.000.000 60.000.000
Franchise 12.500.000 3.750.000 8.750.000 8.750.000
Account Payable 49.000.000 49.000.000 49.000.000
Unearned Rent 9.000.000 3.750.000 5.250.000 5.250.000
Bank Loan 25.000.000 25.000.000 25.000.000
Sales Salaries Payable 6.172.941 6.172.941 6.172.941
Office Salaries Payable 3.367.059 3.367.059 3.367.059
Utilities Payable 950.000 950.000 950.000
Mr. Djarkoni, Capital 526.358.625 526.358.625 526.358.625
Mr. Djarkoni, Drawing 7.500.000 7.500.000 7.500.000
Sales 520.000.000 520.000.000 520.000.000
Sales Discount 2.600.000 2.600.000 2.600.000
Sales Return and Allowances 940.000 940.000 940.000
Interest Revenue 2.898.375 1.043.625 3.942.000 3.942.000
Rent Revenue 3.750.000 3.750.000 3.750.000
Gain On Disposal 2.000.000 2.000.000 2.000.000
Cost of Merchandise Sold 262.825.000 262.825.000 262.825.000
Delivery Expense 384.000 32.000 416.000 416.000
Sales Salaries Expense 66.000.000 6.172.941 72.172.941 72.172.941
Advertising Expense 10.000.000 2.000.000 8.000.000 8.000.000
Miscellaneous Selling Expense 1.415.500 14.500 1.430.000 1.430.000
Office Salaries Expense 36.000.000 3.367.059 39.367.059 39.367.059
Utilities Expense 10.450.000 950.000 11.400.000 11.400.000
Rent Expense 15.000.000 10.000.000 5.000.000 5.000.000
Miscellaneous Administrative Expense 1.650.000 298.000 1.948.000 1.948.000
Bad Debt Expense 1.860.000 1.860.000 1.860.000
Amortization Expense 3.750.000 3.750.000 3.750.000
Depreciation Expense 94.325.000 94.325.000 94.325.000
Insurace Expense 2.800.000 2.800.000 2.800.000
Office Supplies Expense 508.000 508.000 508.000
Cash Short and Over 4.500 5.500 10.000 10.000
Loss of Declining Inventory 105.000 105.000 105.000
1.294.757.000 1.294.757.000 184.031.625 184.031.625 1.387.420.625 1.387.420.625 509.457.000 529.692.000 877.963.625 857.728.625
20.235.000 20.235.000
TOTAL
529.692.000 529.692.000 877.993.625 877.963.625
 UD TELOLET
Income Statement
End of The year 31 December 2015

Revenue from sales :

Sales Revenue 520.000.000
Sales Discount (2.600.000)
Sales Retur & Allowance (940.000)
Net Sales 516.460.000
COMS 262.825.000 -
Gross Profit 253.635.000
Operational Expense
- Selling Expense :
Delivery Expense 416.000
Sales Salaries Expense 72.172.941
Advertising Expense 8.000.000
Miscellaneous Selling Expense 1.430.000
Total Selling Expenses 82.018.941
- Administrative Expense :
Office Salaries Expense 39.367.059
Utilities Expense 11.400.000
Rent Expense 5.000.000
Miscellaneous Administrative Expense 1.948.000
Bad Debt Expense 1.860.000
Amortization Expense 3.750.000
Depreciation Expense 94.325.000
Insurace Expense 2.800.000
Office Supplies Expense 508.000
Total Administrative Expenses 160.958.059
Total Operating Expense 242.977.000 -
Income from Operation 10.658.000
Other Income
Interest Revenue 3.942.000
Rent Revenue 3.750.000
Gain On Disposal 2.000.000
Cash Short and Over (10.000)
Loss of Declining Inventory (105.000)
Total Other Income 9.577.000 +
Net Income 20.235.000
 UD TELOLET
Financial of Position
31 December 2015

Current Asset Liabilities

Cash On Hand 43.804.625 Account Payable 49.000.000
Cash In Bank 203.226.500 Unearned Rent 5.250.000
Restricted Cash 25.000.000 Bank Loan 25.000.000
Account Receivable 8.250.000 Sales Salaries Payable 6.172.941
AFDA (1.805.000) Office Salaries Payable 3.367.059
Notes Receivable 1.000.000 Utilities Payable 950.000
Interest Receivable 12.500 Total Liabilities 89.740.000
Office Suplies 250.000
Merchandise Inventory 6.970.000
Prepaid Insurance 1.200.000 Owner's Equity
Prepaid Advertising 2.000.000 MASJEDI - Capital 539.093.625
Prepaid Rent 10.000.000 Total Owner's Equity 539.093.625
Total Current Asset 299.908.625
Plant, Property and Equipment
Land 50.000.000
Building 240.000.000
Accum. Depreciation - Building (111.825.000)
Equipment 120.000.000
Accum. Depreciation - Equipment (68.000.000)
Vehicle 150.000.000
Accum. Depreciation - Vehicle (60.000.000)
Total Plant, Property and Equipment 320.175.000
Intangible Asset
Franchise 8.750.000

Total Asset 628.833.625 Total Liabilities + Owner Equity 628.833.625

Closing Entries
Date Desc Debit Credit
31/12/2015 Sales Revenue 520.000.000
Interest Revenue 3.942.000
Rent Revenue 3.750.000
Gain On Disposal 2.000.000
Income Summary 529.692.000
Income Summary 509.457.000
Sales Discount 2.600.000
Sales Return and Allowance 940.000
Cost of Merchandise Sold 262.825.000
Delivery Expense 416.000
Sales Salaries Expense 72.172.941
Advertising Expense 8.000.000
Miscellaneous Selling Expense 1.430.000
Office Salaries Expense 39.367.059
Utilities Expense 11.400.000
Rent Expense 5.000.000
Miscellaneous Administrative Expense 1.948.000
Bad Debt Expense 1.860.000
Amortization Expense 3.750.000
Depreciation Expense 94.325.000
Insurace Expense 2.800.000
Office Supplies Expense 508.000
Cash Short and Over 10.000
Loss of Declining Inventory 105.000
Income Summary 20.235.000
MASJEDI, Capital 20.235.000
MASJEDI, Capital 7.500.000
MASJEDI, Drawing 7.500.000

Reversing Entries
Date Desc Debit Credit
01/01/2016 Rent Expense 10.000.000
Prepaid Expense 10.000.000
01/01/2016 Prepaid Advertising 2.000.000
Advertising Expense 2.000.000
01/01/2016 Interest Receivable 12.500 (Sunnah)
Interest Revenue 12.500
01/01/2016 Sales Salaries Expense 6.172.941 (Sunnah)
Sales Salaries Payable 6.172.941
01/01/2016 Office Salaries Expense 3.367.059 (Sunnah)
Office Salaries Payable 3.367.059
01/01/2016 Utilities Expense 950.000 (Sunnah)
Utilities Payable 950.000