Nama : Sifa Farida Firdaus

Npm 40121100148
Mata Kuliah : Asistensi Akuntansi Menengah

FORUM
PT. Bulan purchase equipment for production line. The company issues $ 675.000
notes 5-year term to PT. Bintang . Market interest rates currently in affect for a loan of
12%. PT. Bulan is to pay of the notes in 5 year, $ 135.000 instalment, made at the end
of each year.
Instruction :

a. Prepare chart of the calculation of interest each year

b. Prepare the journal entries for the purchase of fixed asset

Jawab:
a. Prepare chart of the calculation of interest each year
Tahun 1 Tahun 2 Tahun 3 Tahun 4 Tahun 5 Total
Payment $ 135.000 $ 135.000 $ 135.000 $ 135.000 $ 135.000 $ 675.000
Notes Payable (PVOA) $ 486.644 $ 410.040 $ 324.247 $ 228.156 $ 120.534 $ 1.569.621
Interest Rate 12% 12% 12% 12% 12%
Total Interest $ 58.397 $ 49.205 $ 38.910 $ 27.379 $ 14.464 $ 188.355
Notes Payable $ 76.603 $ 85.795 $ 96.090 $ 107.621 $ 120.536 $ 486.645

1
1−
(1+𝑖) 𝑛
PVOA = 𝑅 𝑥 ( )
𝑖
1
1−
5
PVOA1 = $ 135.000 𝑥 ( ) = $ 135.000 x 3,60477 = $ 486.644
(1+12%)
12%
1
1− 4
PVOA2 = $ 135.000 𝑥 ( ) = $ 135.000 x 3,03734 = $ 410.040
(1+12%)
12%
1
1− 3
= $ 135.000 𝑥 ( (1+12%)
) = $ 135.000 x 2,401831 = $ 324.247
PVOA3 12%
1
1− 2
= $ 135.000 𝑥 ( (1+12%)
) = $ 135.000 x 1,69005 = $ 228.156
PVOA4 12%
1
1− 1
= $ 135.000 𝑥 ( (1+12%)
) = $ 135.000 x 0,89285 = $ 120.534
12%
PVOA5

b. Prepare the journal entries for the purchase of fixed asset

- Jurnal (Purchase) :
Dr. Equipment $ 486.645
Cr. Notes Payable $ 486.645

- Jurnal (Payment)
Tahun 1 Tahun 2 Tahun 3 Tahun 4 Tahun 5
Dr. Notes Payable $ 76.603 $ 85.795 $ 96.090 $ 107.621 $ 120.536
Dr. Interest Expense $ 58.397 $ 49.205 $ 38.910 $ 27.379 $ 14.464
Cr. Cash $ 135.000 $ 135.000 $ 135.000 $ 135.000 $ 135.000