Jumlah lembar aham JETJET Co

20,000

Shares Cost/Sh Cost of

Date kepemilikan
Acquired ares Investment

3/1/2014 2,000 250 500,000 10%

2/1/2015 4,000 300 1,200,000 20%
4/1/2016 12,000 330 3,960,000 60% Date of Acquisiton

1.) Jurnal pembelian investasi

Investment In Jetjet Co. 500,000
3/1/2014
Cash 500,000
% Kepemilikan 10%

2.) Jurnal pengakuan Net Income Jetjet Co.

No
31/12/14
Entry

3.) Jurnal Pembagian Dividend dr Jetjet.co

No
31/12/14
Entry

4.) Jurnal Pembelian Investment

Investment in Jetjet Co. 1,200,000
2/1/2015
Cash 1,200,000
% Kepemilikan =2.000+4.000/20.000 30%

5.) Jurnal pengakuan Net Income Jetjet Co.

No
12/31/2015
Entry

6.) Jurnal Pembagian Dividend dr Jetjet.co

No
12/31/2015
Entry

7.) Jurnal pembelian Investment CAD Schedule Parent(90%) NCI(10%) Total(100%)

Investment in Jetjet Co. 3,960,000 Date of Implied Value 5,940,000 660,000 6,600,000
1/4/2016
Cash 3,960,000 Acquisition Book Value of JETJET Co.
% = 2.000+4.000+12.000/20.000 90% Common Stock 3,600,000 400,000 4,000,000
Additional PIC 1,080,000 120,000 1,200,000
8.) Retroactive Adjustment Retained Earnings 1,350,000 150,000 1,500,000
1/4/2016 No Total Book Value of Equity 6,030,000 670,000 6,700,000
Entry Difference between IV & BV (90,000) (10,000) (100,000)
p.s : dibuat di reciprocity Allocation to Land 90000 10000 100000
Balance - - -
Initial Purchase Price 1,700,000
Change In S R/E since Acquisition 55,000
Carrying Value Investment in Jetjet Co 1,755,000
Implied Value 1,980,000
Gain on Revaluation 225,000

9.) Jurnal Pengakuan Gain on Revaluation

Investment in Jetjet Co. 225,000
1/4/2016
Gain on Revaluation 225,000

10.) Jurnal Pengakuan Net Income

No
12/31/2016
Entry

11.) Jurnal Pengakuan Dividend

Cash 180,000
12/31/2016
Dividend Income 180,000
= (500.000*40%) * 90%

Investment in Jetjet Co. 31/12/16

Investment in Jetjet Co. 01/01/16 (30%) 1,700,000
Revaluation 04/01/16 225,000
Additional Investment 04/01/16 3,960,000
Investment in Jetjet Co 31/12/16 (90%) 5,885,000

Elimination Entries 2016

a.) Reciprocity Entries (10% ->30%)
Investment in Jetjet Co. 55,000
31/12/16
Beginning R/E - P 55,000
b.)Eliminasi Dividend
Dividend Income 180,000
31/12/16
Dividend Declared 180,000

c.)Eliminasi Investasi & BV

Common Stock 4,000,000
Additional PIC 1,200,000
Retained Earnings 1,500,000
31/12/16
Difference between IV&BV 100,000
Investment in Jetjet Co. 5,940,000
NCI in Equity 660,000

d.)Allocation Difference to Land

Difference Between IV&BV 100,000
3/12/2016
Land 100,000

Tahun 2017
Arafit jual 2000 lembar saham Jetjet Co.
Before 90% 10%
After 80% 20%

Cost of Investment Sold 594,000

Undistributed Income
Change in R/E - Jetjet Co (4/1/16-1/1/17) 30,000
RE 2017 1,500,000
RE 2018 1,800,000
Net Income Jetjet Co (1/1/17-1/7/17) 40,000 70,000
Adjusted Cost of Investment 664,000
Selling Price 800,000
Gain (Adjust to PIC P) 136,000
PIC Recorded 206,000
Reduced in PIC - Arafit Co. 70,000

12.) Jurnal penjualan Saham

Cash 800,000
1/7/2017 Investment in Jetjet Co. 594,000
PIC - Arafit Co, 206,000

13.) Jurnal Dividend Income 2017

Cash 160,000
31/12/2017
Dividend Income 160,000

Investment in Jetjet Co. 31/12/17

Investment in Jetjet Co. 01/01/17 (90%) 5,885,000
Cost of Investment (10%) (594,000)
Investment in Jetjet Co (80%) 5,291,000

Elimintion Entries 2017

a.) Reciprocity Adjustment
Investment in Jetjet Co 295,000
31/12/17
Beginning R/E - P 295,000

b.) Elimination Change in R/E

31/12/17 PIC - Arafit Co. 30,000
R/E Arafit Co. 30,000

c.) Elimination Income Sold

31/12/17 PIC - Arafit Co. 40,000
Beginning R/E - P 40,000

d.)Eliminasi Dividend
Dividend Income 160,000
31/12/17
Dividend Declared 160,000

e.)Eliminasi Investasi & BV

Common Stock 4,000,000
Additional PIC 1,200,000
Retained Earnings 1,500,000
31/12/17
Difference between IV&BV 100,000
Investment in Jetjet Co. 5,940,000
NCI in Equity 660,000

f.)Allocation Difference to Land

Difference Between IV&BV 100,000
3/12/2017
Land 100,000