Latihan Chapter 23 Statement of Cash Flow

2020

SOAL A Statement of Cash Flow (Direct Method)

Berikut ini adalah laporan posisi keuangan komparatif dari Afra Corp yang disiapkan pada 31
Desember 2019

AFRA CORP.
COMPARATIVE STATEMENT OF FINANCIAL POSITION
AS OF DECEMBER 31, 2019 AND 2018
12/31/2019 12/31/2018

Equipment $154.000 $130.000

Accumulated Depreciation – (35.000) (25.000)
Equipment
Copyrights 46.000 50.000
Inventory 40.000 60.000
Prepaid rent 5.000 4.000
Account receivable 62.000 49.000
Short-term investments (trading) 35.000 18.000
Cash 6.000 9.000
Total assets $313.000 $295.000
======== ========
Share Capital-Ordinary ($ 10 par) $100.000 $100.000
Share premium – ordinary 30.000 30.000
Retained Earnings 57.000 36.000
Long – term loans payable 60.000 67.000
Accounts Payable 46.000 42.000
Income taxes Payable 4.000 6.000
Salaries and wages payable 8.000 4.000
Short-term loans payable 8.000 10.000
Total equity and liabilities $313.000 $295.000
======== ========

AFRA CORP.
INCOME STATEMENT
FOR THE YEAR ENDING DECEMBER 31, 2019
Sales revenue $338.150
Cost of goods sold 175.000
Gross margin 163.150
Operating expenses 120.000
Operating income 43.150
Interest expense $11.400
Gain on sale of equipment 2.000 9.400
Income before tax 33.750
 Income tax expense 6.750
net income $27.000
========
Informasi tambahan :

1. Dividen sebesar $6.000 diumumkan dan dibayar selama tahun2019

2. Beban penyusutan dan beban amortisasi dimasukkan kedalam beban operasi
3. Tidak ada unrealized gains or losses yang terjadi pada investasi selama tahun
2019
4. Peralatan dengan harga perolehan (cost) $30.000 dan sudah disusutkan 70 %
dijual tahun 2019

Instruksi : Sajikan laporan arus kas dengan menggunakan metode langsung (direct method).

SOAL B Statement of Cash Flow (Indirect Method)

Dengan menggunakan soal no 4 diatas (Afra Corp), buatlah laporan arus kas dengan
menggunakan metode indirect method
Jawaban SOAL A Statement of Cash Flow (Direct Method)

AFRA CORP.
Statement of Cash Flows
For the Year Ended December 31, 2019
Cash flows from operating activities
Less: Cash received from customers €325,150a
Cash paid to suppliers €151,000b
Cash paid for operating expenses 82,000c
Cash paid for interest 11,400c
Cash paid for income taxes 8,750d 253,150a
Net cash provided by operating activities 72,000a

Cash flows from investing activities

Sale of equipment
[€30,000 – (€30,000 X .7)] + €2,000 11,000
Purchase of equipment
[€154,000 – (€130,000 – €30,000)] (54,000)
Purchase of trading investments (17,000)
Net cash used by investing activities (60,000)

Cash flows from financing activities

Principal payment on short-term loan (2,000)
Principal payment on long-term loan (7,000)
Dividend payments (6,000)
Net cash used by financing activities (15,000)

Net decrease in cash (3,000)

Cash, January 1, 2017 9,000
Cash, December 31, 2017 € 6,000

Perhitungannya:
aSales Revenue €338,150
Increase in accounts receivable (13,000)
Cash received from customers €325,150

bCost of goods sold €175,000

Increase in accounts payable (4,000)
Decrease in inventories (20,000)
Cash paid to suppliers €151,000
c
Operating expenses €120,000
Increase in prepaid rent 1,000
Depreciation expense
€35,000 – [€25,000 – (€30,000 X .70)] (31,000)
Amortization of copyright (4,000)
Increase in salaries and wages payable (4,000)
Cash paid for operating expenses € 82,000

Income tax expense

d
€ 6,750
Decrease in income taxes payable 2,000
Cash paid for income taxes € 8,750

Jawaban SOAL B Statement of Cash Flow (Indirect Method)

ALEX CORP.
Statement of Cash Flows
For the Year Ended December 31, 2015
Cash flows from operating activities
Net income €27,000
Adjustments to reconcile net income to net
cash provided by operating activities:
Depreciation expense €31,000*
Amortization of copyright 4,000
Gain on sale of equipment (2,000)
Decrease in inventory 20,000
Increase in wages payable 4,000
Increase in accounts payable 4,000
Increase in prepaid rent (1,000)
Increase in accounts receivable (13,000)
Decrease in income taxes payable (2,000) 45,000
Net cash provided by operating activities 72,000
Perhitungan Depreciation expense
*€35,000 – [€25,000 – (€30,000 X 70%)]

Cash flows from investing activities

Sale of equipment [(€30,000 X 30%) + €2,000] 11,000
Purchase of equipment
[€154,000 – (€130,000 – €30,000)] (54,000)
Purchase of trading investments (17,000)
Net cash used by investing activities (60,000)
Cash flows from financing activities
Principal payment on short-term loan (2,000)
 Principal payment on long-term loan (7,000)
Dividend payments (6,000)
Net cash used by financing activities (15,000)

Net decrease in cash (3,000)

Cash, January 1, 2017 9,000
Cash, December 31, 2017 € 6,000

Note to instructor: Supplemental disclosures of cash flow information is a follows:

Cash paid during the year for:

Interest €11,400
Income taxes € 8,750