Interest Bearing Liability

Notes Payable
Bond Payable
Bayar bunga per tahun, tapi harus di-accrue secara bulanan

Financing Cost
- Payable: Interest Expense
- Equity: Dividend
Notes Payable: 300,000 300.000 * 9% * 1/12
Interest: 9% per annum
Maturity: 6 months
First Date: Jul, 1
Reporting Period: 3 months

Journal Annual Financial Statement (As

01-Jul Dr. Cash 300000 Notes Payable
Cr. Notes Payable 300000 Interest Payable

31-Jul Dr. Interest Expense 2250

Cr. Interest Payable 2250
300.000 * 9% * 1/12
31-Aug Dr. Interest Expense 2250
Cr. Interest Payable 2250

30-Sep Dr. Interest Expense 2250

Cr. Interest Payable 2250
ual Financial Statement (As of Sep 30)
300000
6750
a. Notes Payable
b. Unearned Revenue
c. Bond Payable

(a) Dr. Cash 900000

Cr. Unearned Revenue 900000
90 * 10,000

(b) Dr. Unearned Revenue 180000

Cr. Revenue 180000
For Each Game
a. Notes Payable
b. Unearned Revenue
c. Bond Payable
d. Sales Tax Payable

Sales Tax Payable 769.56

Dr. Cash 13595.56

Cr. Sales Revenue 12826
Cr. Sales Tax Payable 769.56 disetorkan ke pemerintah
(a) Dr. Cash 720,000
Cr. Unearned Revenue 720,000
4,000 * 180

(b) Dr. Unearned Revenue 72,000

Cr. Revenue 72,000
1/10 * 720.000
(a) Dr. Cash 70,000
Cr. Notes Payable 70,000

(b) Dr. Interest Expense 525

Cr. Interest Payable 525
70.000 * 1/12 * 9%

(c) Dr. Notes Payable 70,000

Dr. Interest Payable 3150 Interest /month * 6 months
Cr. Cash 73,150

(d) 6/12 * 9% * 70.000 = 3,150

Bonds (Harganya Naik Turun) Bonds diperdagangkan di pasar
Ketika bunga nya lagi naik, harga turun - Retail Investor (Masyarakat)
Ketika bunga nya turun, harga naik - Institutional Investor (Bank, Corporate, Gov't)
Interest nya fixed setiap tahun Notes Payable: Bank/Financial Institution
(A) C = Coupon 40,000
F = Face Value 500,000
P = Price 485,000
N 5

43,000
8.73%
492,500

(B) C = Coupon 40,000

F = Face Value 500,000
P = Price 525,000
N 5

35,000
6.83%
512,500
A

SETTLEMENT DATE Jan 1, 2017 Year INTEREST PAID INTEREST EXPENSE AMORTIZATION
MATURITY DATE Jan 1, 2022 0
ANNUAL COUPON RATE 8% Interest yang ditetap 1 40,000 42,345 2,345
BOND PRICE (% OF PAR) 485,000 2 40,000 42,550 2,550
FACE VALUE (% OF PAR) 500,000 3 40,000 42,773 2,773
COUPONS PER YEAR 40,000 4 40,000 43,015 3,015
YIELD TO MATURITY 8.73% Market Interest 5 40,000 43,278 3,278

SETTLEMENT DATE Jan 1, 2017 Year INTEREST PAID INTEREST EXPENSE AMORTIZATION
MATURITY DATE Jan 1, 2022 0
ANNUAL COUPON RATE 8% 1 40,000 35,854 (4,146)
BOND PRICE (% OF PAR) 525,000 2 40,000 35,570 (4,430)
FACE VALUE (% OF PAR) 500,000 3 40,000 35,268 (4,732)
COUPONS PER YEAR 40,000 4 40,000 34,945 (5,055)
YIELD TO MATURITY 6.83% 5 40,000 34,600 (5,400)
BOOK VALUE The Journal Entry to record the issuance of the bonds
485,000 Dr. Cash 485,000
487,345 Cr. Bonds Payable 485,000
489,895
492,668
495,682 The Journal Entry to record the interest of the bonds (year 1)
498,960 Dr. Interest Expense 42,345
Cr. Bonds Payable 2,345
1,040 Cr. Cash 40,000

BOOK VALUE
525,000 The Journal Entry to record the issuance of the bonds
520,854 Dr. Cash 525,000
516,424 Cr. Bonds Payable 525,000
511,692
506,637
501,237 The Journal Entry to record the interest of the bonds (year 1)
Dr. Interest Expense 35,854
(1,237) Dr. Bonds Payable 4,146
Cr. Cash 40,000
Subscription/Redemption = Invest ke Bond
Issuance = Ngeluarin Bond (ga mungkin ada akun gain/loss)

Gain = Revenue
Loss = Expense
 Bond Amortization
Interest Expense to
(Interest Expense to
Interest to Be Paid Be Recorded Bond Carrying
Year Be Recorded -
(Coupon Per Year) (YTM * Bond Interest Expense to Value
Carrying Value)
Be Paid)

Issue Date 485,000

1 40,000 42,345 2,345 487,345
2 40,000 42,550 2,550 489,895
3 40,000 42,773 2,773 492,668
4 40,000 43,015 3,015 495,682
5 40,000 43,278 3,278 498,960

Journal Entry
(a) Dr. Cash 485,000
Cr. Bond Payable 485,000
Issuance of Bond at Jan 1, 2017

Dr. Interest Expense 42,345

Cr. Bond Payable 2,345
Cr. Cash 40,000
Paid interest to bondholders at Dec 31, 2017 - Dec 31, 2021

Dr. Bond Payable 498,960

Cr. Cash 498,960
Repayment of Bond Payable
(1) Unearned Revenue Amount Borrowed
(2) Sales Tax Payable Duration
(3) Notes Payable Interest
(4) Bond Payable
(a) Dr. Cash
Cr. Notes payable
1st June's entry
(b) Dr. Interest expense (9%/12 * 70000)
Cr. Interest payable
(c) Dr. Notes payable
Dr. Interest payable (6*525)
Cr. Cash

(1) Unearned Revenue Situation 1 - Longbine Plc

(2) Sales Tax Payable Subscription = Membeli
(3) Notes Payable Redemption = Menjual
(4) Bond Payable
Face Value
Interest Rate (Coupon)
Bond Price (% par)
Carrying Value (on June 30)

When Purchase
Dr. Bond Investment
Cr. Cash

When Receiving Interest (12% * Face Value)

Dr. Cash
Cr. Interest Revenue

When Selling
Dr. Cash
Dr. Gain/Loss on Sell of Bond
Cr. Bond Investment
 SETTLEMENT DATE January 1, 2017
MATURITY DATE January 1, 2022
ANNUAL COUPON RATE 8%
BOND PRICE (% OF PAR) 485,000
FACE VALUE (% OF PAR) 500,000
COUPONS PER YEAR 40,000
YIELD TO MATURITY 43,000
492,500

YIELD TO MATURITY 8.73%

Bond Amortization = Bond Payable = Tujuannya untuk membuat nilai bond sama dengan nilai face value nya
 Income/Expense
70000 Gain/Loss of Disposal
6 months Gain/Loss of Investment
9% /year

70,000
70,000

525
525
70,000
3,150
73,150

130,000
12%
132,600
117,500

132,600
132,600

12% * Face Value)

15,600
15,600

117,500
15,100
132,600