Kunci jawaban

Latihan Chapter 04 - Dilutive Securities and Earning per Share

Jawab:

a. Fair value of liability component of convertible bond

FV of Principle = $8.000.000 x (0,393646) * = $ 3.149.170

* Perhitungan

1 1
¿
¿¿ ¿¿

FV of interest = ($ 8.000.000 x 0,05) x 10.10589 = $ 4.042.358

10 %
0,05 = , 10.10589 = 1 − 1 ¿ = 1− 1 ¿
2 ¿¿ ¿¿

FV of liability component = $ 7.191.528

Equity Component
FV of convertible debt = $ 8.000.000
FV Liability component = ($ 7.191.528)
FV = $ 808.472
Jurnal:
Dr. Cash $ 8.000.0000
Cr. Liabillity Component $ 7.191.528
Cr. Share premium – conversion equity $ 808.472
 Convertible Bond Amortization Schedule

Discount Carrying
Date Cash Paid Interest Expanse
Amortized Amount

01-Sept-21 7.191.528

31-Des-22 400.000 431.492 31.492 7.223.020

01-Sept-22 400.000 433.381 33.381 7.256.401

31-Des-22 400.000 435.384 35.384 7.291.785

Keterangan:
10 %
Cash Paid = 8.000.000 x
2

Interest expanse = Carrying Amount x 12%/2

b. Jurnal 31 Desember 2021

Dr. Interest expense 431.492

Cr. Bond Payable 31.492

Cr. Cash 400.000

c. Jurnal konversi ke saham biasa

Dr. Bond Payable 7.256.401
Dr. Share premium – conversion equity 808.472
Cr. Share capital-ordinary 4.000.000
($200 x 20.000)
Cr. Share premium – ordinary 4.064.873