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    Group 4 is comprised of 4 members who are working on weekly tasks. The document provides details of their work, including: 1. Accounting entries for Pixel Co and its loan payments and interest expenses. 2. Accounting entries for Kim Co and its bond issuance and related interest expense. 3. Accounting entries for Blue Sky Co related to share dividends and cash dividends, as well as its statement of financial position. 4. Partial statement of financial position for Wilson Co outlining shareholders' equity accounts.

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    TK3 - ACC

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    Group 4 is comprised of 4 members who are working on weekly tasks. The document provides details of their work, including: 1. Accounting entries for Pixel Co and its loan payments and interest expenses. 2. Accounting entries for Kim Co and its bond issuance and related interest expense. 3. Accounting entries for Blue Sky Co related to share dividends and cash dividends, as well as its statement of financial position. 4. Partial statement of financial position for Wilson Co outlining shareholders' equity accounts.

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    11 views6 pages

    TK3 - Acc

    Uploaded by

    meifang
    Group 4 is comprised of 4 members who are working on weekly tasks. The document provides details of their work, including: 1. Accounting entries for Pixel Co and its loan payments and interest expenses. 2. Accounting entries for Kim Co and its bond issuance and related interest expense. 3. Accounting entries for Blue Sky Co related to share dividends and cash dividends, as well as its statement of financial position. 4. Partial statement of financial position for Wilson Co outlining shareholders' equity accounts.

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    of 6

    TUGAS KELOMPOK 3 WEEK 8

    GROUP 4

    NAMA NIM
    MARIA YASINTA FRANCISCA 2602218291
    RENY CHRISTINE GOSAL 2602219520
    MUHAMMAD RIDWAN 2602191674
    MAGGIE YAPRIANTI 2602196965
    Soal 1
    PIXEL CO

    Date Account Title Ref Debit Credit


    01/07/17 Cash € 60,000
    Notes Payable - Bank ABC € 60,000
    01/11/17 Cash € 42,000
    Notes Payable - Bank Sentosa € 42,000
    31/12/17 Interest Expense € 2,400
    Interest Payable - Bank ABC € 2,400
    Interest Expense € 490
    Interest Payable - Bank Sentosa € 490
    01/02/18 Notes Payable - Bank Sentosa € 42,000
    Interest Payable € 490
    Interest Expense € 245
    Cash € 42,735
    01/04/18 Notes Payable - Bank ABC € 60,000
    Interest Payable € 2,400
    Cash € 62,400
    Soal 2
    Kim Co

    a Date Account Title Ref Debit Credit


    01/01/17 Cash £ 500,000
    Bonds Payable £ 500,000

    b Date Account Title Ref Debit Credit


    31/12/17 Interest Expense £ 50,000
    Interest Payable £ 50,000

    c Date Account Title Ref Debit Credit


    01/01/18 Interest Payable £ 50,000
    Cash £ 50,000
    Soal 3
    a Blue Sky Co

    Date Account Title Ref Debit Credit


    01/02/17 Cash Dividend (48.000 x €1) € 48,000
    Dividend Payable € 48,000
    01/03/17 Dividend Payable € 48,000
    Cash € 48,000
    01/04/17 No entry
    01/07/17 Share Dividends (240.000 x €7 x 10% ) € 168,000
    Ordinary Shares
    Dividend Distributable (240.000 x €5 x 10%) € 120,000
    Share Premium - Ordinary € 48,000
    31/07/17 Ordinary Shares
    Dividend Distributable € 120,000
    Share Capital - Ordinary € 120,000
    01/12/17 Cash Dividend (264.000 x €0,40) € 105,600
    Dividend Payable € 105,600
    31/12/17 Income Summary € 350,000
    Retained Earnings € 350,000
    31/12/17 Retained Earnings € 321,600
    Cash Dividend (€48.000 + €105.600) € 153,600
    Share Dividend € 168,000
    b. Blue Sky Co
    Statement of Financial Position (Partial)
    December 31, 2017
    Stockholder's Equity
    Share Capital-Ordinary €5 par value, 264.000 shares
    issued and out standing € 1,320,000
    Share Premium-Ordinary € 248,000
    Retained Earnings € 628,400
    Total Equity € 2,196,400
    Soal 4
    WILSON Co
    Statement of Financial Position (Partial)
    December 31, 2020

    Equity
    Share Capital-Preference (8%, €100 par, non-cumulative) € 360,000
    Share Capital-Ordinary (€ 10 stated value) € 1,500,000
    Share Premium-Preference € 42,400
    Share Premium-Ordinary € 690,000
    Share Premium-Treasury € 6,000
    Retained Earnings € 776,000
    Less: Treasury Shares (7,000 shares) € 92,000
    Total Equity € 3,282,400

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