Bintaro Country n Golf Club Bintaro Country n Golf Club

Statement of Financial Position Income Statement

31 Mei 2015 31 Mei 2015

Assets Sales
Cash 1,510,000,000 Rent Expense 100,000,000
Building 600,000,000 Advertising Expense 75,000,000
Supplies 80,000,000 Salaries Expense 40,000,000
Total Asset 2,190,000,000 Utility Expense 10,000,000
Total Expenses
Liability Gross Profit
Advertising Payable 15,000,000 *memperkirakan laba dari pendapatan dikurangkan dengan t
Utility Payable 10,000,000
Total Liability 25,000,000
Equity
Capital 2,000,000,000 Capital 2,000,000,000
Retained Earning 245,000,000 Cash 1,510,000,000
Prive (80,000,000) Loss Profit
Total Equity 2,165,000,000 **memperkirakan rugi dari selisih antara capital dan cash
Total Liability and Equity 2,190,000,000
y n Golf Club
atement
2015

470,000,000

225,000,000
245,000,000 basis akrual
ndapatan dikurangkan dengan total beban selama periode berjalan

490,000,000 basis kas

lisih antara capital dan cash
 PT PURPLE SEJATI
BANK RECONSILIATION
DECEMBER 31, 2014

Balance per Bank Statement 1,428,000,000 Balance per books

Add: 4 Deposit In Transit 175,200,000 Add: 2 Notes receivables collected by the bank *)

Deduct: 3 Outstanding Check (241,000,000) Deduct: 1 Not Sufficinet Funds (NSF)

2 Bank Service Charges
5 Error in recording check no 241

Corrected cash Balance 1,362,200,000 Corrected cash Balance

*) NR Collected by the bank =50.000.000 + (50.000.000 x 12% x 3/12) = 51.500.000

JURNAL
Cash 51,500,000
Notes Receivable 50,000,000
Interest Revenue 1,500,000

Account Receivable 17,500,000

Administration Expense 1,000,000
Account Payable 2,700,000
Cash 21,200,000
 1,331,900,000
receivables collected by the bank *) 51,500,000

ufficinet Funds (NSF) 17,500,000

Service Charges 1,000,000
n recording check no 241 2,700,000
21,200,000

1,362,200,000
 No Periode Transaksi Jumlah
1 1 Oktober 2014 s.d. 30 November 2014 125,000,000
2 1 Juli 2014 s.d. 30 September 2014 90,000,000
3 1 Januari 2014 s.d. 30 Juni 2014 55,000,000
4 Sebelum 1 Januari 2014 50,000,000

more 12 bulan 6 s.d. 12 bulan 3 s.d. 6 bulan 0 s.d. 3 bulan Allowance

50,000,000 55,000,000 90,000,000 125,000,000 17,500,000
(5,000,000) (5,000,000)
(20,000,000)
7,500,000
25,000,000
(25,000,000)
(10,000,000)

50,000,000 55,000,000 75,000,000 105,000,000 20,000,000

AR Aldi (35,000,000) 35,000,000

AR Bayu (20,000,000) 20,000,000
15,000,000 55,000,000 55,000,000 105,000,000 13,350,000
0.20 0.10 0.05 0.02
3,000,000 5,500,000 2,750,000 2,100,000
48,350,000
13,350,000

35,000,000 25,000,000 40,000,000 30,000,000

Acc Rec 230,000,000

Allow for BD (48,350,000)
Notes Rec 25,000,000
 Notes
Beginning 2-Dec Allowance for Bad Debt 5,000,000
2 Dec Acc Rec 5,000,000
6 Dec 6-Dec Cash 19,600,000
11 Dec Sales Disc 400,000
13 Dec Acc Rec 20,000,000
19 Dec 25,000,000 11-Dec Cash 7,500,000
22 Dec Allow for BD 7,500,000
13-Dec Acc Rec 25,000,000
25,000,000 Sales 25,000,000
19-Dec Notes Rec 25,000,000
Acc Rec 25,000,000
22-Dec Cash 19,400,000
Misc Adm Exp 600,000
Notes Pay 20,000,000
31-Dec Cash 10,000,000
Acc Rec 10,000,000
Notes Pay 10,000,000
Cash 10,000,000
Interest Exp 45,000
Cash 45,000
31-Dec Interest Rec 75,000
Interest Inc 75,000
31-Dec Bad Debt Exp 48,350,000
Allow for BD 48,350,000
Principle 30,000,000 Paid Interest Principle Balance
5.0756 30,000,000
5,910,631 5,910,631 1,500,000 4,410,631 25,589,369
5,910,631 1,279,468 4,631,163 20,958,206
5,910,631 1,047,910 4,862,721 16,095,485
5,910,631 804,774 5,105,857 10,989,628
5,910,631 549,481 5,361,150 5,628,478
5,910,631 282,153 5,628,478 0
Notes Receivable 30,000,000
Cash 30,000,000

Cash 5,910,631
Notes Receivable 4,410,631
Interest Inc 1,500,000

Interest Receivable 1,279,468

Interest Inc 1,279,468
1a. FIFO PERIODIC 1b.
1 Persediaan Awal 1,000 19,000 19,000,000
2 Pembelian 1,500 21,000 31,500,000
9 Pembelian (net) 600 24,000 14,400,000
23 Pembelian 800 26,000 20,800,000
3,900 85,700,000
Terjual (Unit) 3,250
Persediaan akhir (unit) 650

Sales 3250 x 45.000 146,250,000

COMS: 1000 19,000 19,000,000
1500 21,000 31,500,000
600 24,000 14,400,000
150 26,000 3,900,000
3250 68,800,000
Gross Profit 77,450,000
Ending Inventory 650 26,000 16,900,000

2 Inventory-Ending at Cost 16,900,000

Inventory-Ending at NRV 650 25,500 16,575,000
Declining on inventory 325,000
Jurnal
Loss on Declining Inventory 325,000
Inventory 325,000
FIFO PERPETUAL
Purchase COMS Ending Inventory
unit @ $ unit @ $ unit @
1 1,000 19,000
2 1,500 21,000 31,500,000 1,000 19,000
1,500 21,000
6 1,000 19,000 19,000,000
500 21,000 10,500,000 1,000 21,000
7 (250) 21,000 (5,250,000) 1,250 21,000
9 750 24,000 18,000,000 1,250 21,000
750 24,000
10 (150) 24,000 (3,600,000) 1,250 21,000
600 24,000
11 1,250 21,000 26,250,000
250 24,000 6,000,000 350 24,000
23 800 26,000 20,800,000 350 24,000
800 26,000
30 350 24,000 8,400,000
150 26,000 3,900,000 650 26,000
3,250 68,800,000 650 26,000
COMS Ending INVENTORY

Sales 3250 x 45.000 146,250,000

COMS: 68,800,000
Gross Profit 77,450,000
Ending Inventory 650 26,000 16,900,000
Ending Inventory
$
19,000,000
19,000,000
31,500,000

21,000,000
26,250,000
26,250,000
18,000,000
26,250,000
14,400,000

8,400,000
8,400,000
20,800,000

16,900,000
16,900,000
nding INVENTORY
Beginning Period 01-Feb-2015
Ending Period 05-Oct-2016

Expenditures 2015
Date Amount Fraction WAAE
10-Apr 300,000 0.75 225,000
5-May 150,000 0.67 100,000
1-Jul 750,000 0.5 375,000
1-Sep 600,000 0.33 200,000
3-Nov 1,200,000 0.17 200,000
Total WAAE 1,100,000

Interest expense 312,000

Cash 312,000

Building 3,110,000
Interest Expense 110,000
Cash 3000000

Expenditures 2016
Date Amount Fraction WAAE
1-Jan 3,000,000 0.75 2,250,000
1-Jan 110,000 0.75 82,500
2-Apr 2,300,000 0.5 1,150,000
7-Sep 900,000 0.08 75,000
Total WAAE 3,557,500
Cost of Building
Expenditure 2015 3,000,000
Interest Capitalized 2015 110,000
Expenditure 2016 3,200,000
Interest Capitalized 2016 327,000
Total Cost of Building 6,637,000
Debt
Debt Principal Rate Interest Cost
Debt for contruction 1,800,000 10% 165000

Other Debt
Bond Payable 700,000 11% 77,000
Notes Payable 500,000 14% 70,000
Total Other Debt 1,200,000 147,000
Weight Average Interest Rate 12.25%

Avoidable Interest 2015

WAAE Rate Interest Cost
WAA Expenditure 2015 1,100,000 10% 110,000

Actual Interest 2015

Debt Principal Rate Fraction Interest Cost
Construction Loan 1,800,000 10% 0.92 165,000
Bond Payable 700,000 11% 1 77,000
Notes Payable 500,000 14% 1 70,000
Total Actual Interest 2015 312,000

Interest Capitalized for 2015 110,000 (Avoidable Interset); because less than actual interest

Avoidable Interest
WAAE Rate Interest Cost
Debt for contruction 1,800,000 10% 180,000
Other Debt 1,757,500 12.25% 215,294
Total Avoidable Interest 395,294

Actual Interest 2016

Debt Principal Rate Fraction Interest Cost
Construction Loan 1,800,000 10% 1 180,000
Bond Payable 700,000 11% 1 77,000
Notes Payable 500,000 14% 1 70,000
Total Actual Interest 2015 327,000

Interest Capitalized for 2016 327,000 (Actual Interest); because less than avoidable interest
 Estimasi
Harga Penilaian /
Jenis Aset Tgl perolehan perolehan Umur Nilai Sisa Penyajian
Ekonomis

Building 30-Dec-12 $500,000 10 $20,000 Historical Cost

Fair Value
Plant 2-Jan-14 $400,000 9 $40,000 (Revaluation
Equipment Model)
Office 1-Oct-13 $250,000 10 - Historical Cost
Equipment

Transaction a - Journal Addition

1-Jan Building 60,000.00
Cash 60,000.00

Transaction b - Journal Exchange

3-Apr Depreciation Expense-Office Equip. 6,250.00
Accumulated Depreciation-Office Equip. 6,250.00

Office Equipment (new) 280,000.00

Accumulated Depreciation 37,500.00
Gain on Disposal - Office Equipment 7,500.00
Cash 60,000.00
Office Equipment (old) 250,000.00

Transaction c - Journal Maintenance

4-Jun Maintenance Expence 5,000.00
Cash 5,000.00

Adjustment Entries-Depreciation
31-Dec Depreciation Expense-Building 55,500.00
Accumulated Depreciation-Building 55,500.00

Cost of Building 500,000.00

Depreciation 2013 (48,000.00)
Depreciation 2014 (48,000.00)
Acc. Depreciation Dec 2014 (96,000.00)
Book Value Dec 2014 404,000.00

Addition Jan 2015 60,000.00

Book Value Jan 2015 464,000.00
 Salvage Value $20,000
New Depreciable Cost 444,000.00

Usefull Life Remaining 8 years

Depreciation 2015 55,500.00

31-Dec Depreciation Expense-Plant Equip. 40,000.00

Accumulated Depreciation-Plant Equip. 40,000.00

Cost of Equipment 400,000.00

Salvage Value (40,000.00)
Depreciable Cost 360,000.00

Usefull Life 9 years

Annual Depreciation 40,000.00

31-Dec Depreciation Expense-Office Equip. 16,153.85

Accumulated Depreciation-Office Equip. 16,153.85

Cost of Equipment (new) 280,000.00

Salvage Value -
Depreciable Cost 280,000.00

Usefull Life 13 years

Annual Depreciation 21,538.46
Fraction for 2016 9 month --> 0.75
Depreciation for 2016 16,153.85

Adjustment Entries-Impairment and Revaluation

31-Dec Accumulated Depreciation-Plant Equip. 80,000.00
Plant Equiment 50,000.00
Unrealized Gain of Revaluation-Plant Equip 30,000.00

31-Dec Loss on Impairment 38,846.15

Accumulated Depreciation-Office Equip. 38,846.15
Cost of Equipment (old) 250,000.00
Depreciation 2013 (6,250.00)
Depreciation 2014 (25,000.00)
Depreciation 2015 (6,250.00)
Acc. Depreciation (37,500.00)
Book Value 212,500.00
Impairment / Revaluation Test

Value Building Plant Equip. Office Equip.

Book Value 408,500.00 320,000.00 263,846.15
Fair Value 510,000.00 350,000.00 221,000.00
Estimated Cost to Sell 5,000.00 2,000.00 7,000.00
FV - Cost 505,000.00 omitted 214,000.00
Use Value 540,000.00 330,000.00 225,000.00
Recoverable Ammount 540,000.00 omitted 225,000.00

Value Increase Increase Decrease

131,500.00 30,000.00 38,846.15
Treatment No Entry Revaluation Impairment
 PT Frozen
BANK RECONSILIATION
DECEMBER 31, 2014

Balance per Bank Statement 4,150.00 Balance per books

Add: 2 Deposit In Transit 3,390.00 Add: 4 Notes receivables collected by the bank *)
6 Error in recording check

Deduct: 3 Outstanding Check 2,136.05 Deduct: 1 Not Sufficinet Funds (NSF)

1 Bank Service Charges
7 Error in recording check no 241

Corrected cash Balance 5,403.95 Corrected cash Balance

JURNAL
Cash 1,789.80
Notes Receivable 1,236
Equipment 523.80
Account Receivable 30

Account Receivable 253.20

Administration Expense 30.50
Equipment 72.00
Cash 355.70
 3,969.85
receivables collected by the bank *) 1,236.00
n recording check 553.80
1,789.80
ufficinet Funds (NSF) 253.20
Service Charges 30.50
n recording check no 241 72.00

355.70

5,403.95
 PT ABANG ABANG
BANK RECONSILIATION
DECEMBER 31, 2014

Balance per Bank Statement 155,600,000 Balance per books

Add: f Deposit In Transit 14,300,000 Add: e
14,300,000 h

Deduct: c Outstanding Check 17,000,000 Deduct: b

Error Bank 2,500,000 g
19,500,000

Corrected cash Balance 150,400,000 Corrected cash Balance

JURNAL
Cash 22,280,000
Account Receivable
Interest Revenue

Account Receivable 2,880,000

Account Payable 6,000,000
Cash
ON
4

137,000,000
Received by the bank *) 21,500,000
Interest Revenue 780,000
22,280,000
Not Sufficinet Funds (NSF) 2,880,000
Error in recording check no 5521 6,000,000
8,880,000

cash Balance 150,400,000

21,500,000
780,000

8,880,000
 PT ABANG ijo
BANK RECONSILIATION
DECEMBER 31, 2014

Balance per Bank Statement 114,800,000 Balance per books

Add: b Deposit In Transit 35,800,000 Add: d
e Error Bank 8,600,000 c
44,400,000
Deduct: g Outstanding Check 17,000,000 Deduct: h
f
17,000,000

Corrected cash Balance 142,200,000 Corrected cash Balance

JURNAL
Cash 16,550,000
Account Receivable
Interest Revenue

Account Receivable 11,000,000

Administrative Expense 350,000
Cash
N

137,000,000
Error in Recording 15,300,000
Interest Revenue 1,250,000
16,550,000
Not Sufficinet Funds (NSF) 11,000,000
Bank Service Charged 350,000
11,350,000

cash Balance 142,200,000

15,300,000
1,250,000

11,350,000