POS

Sales
Income From Subsidiary
Credit
COGS
Depreciation Expense
Other Expense
Amortization Expense
Debit

Income to NCI
Net Income, carry forward

PT. Borang

PT. Granita

700,000,000
45,000,000
745,000,000
500,000,000
25,000,000
75,000,000

400,000,000

600,000,000

340,000,000

Eliminasi
Debit
45,000,000

400,000,000
250,000,000
15,000,000
75,000,000

909,091
2,090,909
12,000,000

145,000,000

60,000,000

60,000,000

Retained earnings, 1 Jan 20X7

Net Income From Above

290,000,000

100,000,000

100,000,000

145,000,000

60,000,000

60,000,000

Dividen Declared

(50,000,000)

(20,000,000)

Retained earnings, 31 des 20x7 (

Carry Forward )

385,000,000

140,000,000

38,000,000

25,000,000

50,000,000

55,000,000

240,000,000

100,000,000

80,000,000

20,000,000

20,000,000

500,000,000

150,000,000

10,000,000

Cash
Account Receivable
Inventory
Land
Building & Equipment
Investment in PT. Granita
Goodwill
Diferential
Total Debit
Acc. Depreciation
Account Payable
Hipotek Payable
Common Stock
Retained Earning
NCI
Total Credit

160,000,000

16,000,000

202,000,000
23,000,000
53,000,000
1,110,000,000

350,000,000

155,000,000

75,000,000

70,000,000

35,000,000

200,000,000

50,000,000

300,000,000

50,000,000

50,000,000

385,000,000

140,000,000

160,000,000

1,110,000,000

350,000,000

332,000,000

Jurnal Eliminasi :
Income From P. Granita
Divident decraled
Investment in PT. Bintara

45,000,000
16,000,000
29,000,000

Note : Income From PT Granita ==> ( Rp. 60.000.000 x 80% ) - ( Rp. 909.091 + Rp. 2.090.909 ) = Rp. 45.000.000
Income to NCI
Divident decraled
Non Controlling Interest

12,000,000
4,000,000
8,000,000

Note : Income to NCI ==> Rp. 60.000.000 x 20% = Rp. 12.000.000

Divident Decraled ==> Rp. 20.000.000 x 20% = Rp. 4.000.000

Common Stock
Retained Earnings, 1 Jan 20x8
Differential
Investment in PT. Bintara
Non Controlling Interest

Land
Goodwill
Building & Equipment
Differential
Depreciation Expense
Accumulated Depreciation

50,000,000
100,000,000
53,000,000
173,000,000
30,000,000

20,000,000
23,000,000
10,000,000
53,000,000
909,091
909,091

Note : ( Rp. 10.000.000 : 11 years )

Amortization Expense
Goodwill

2,090,909
2,090,909

Note : ( Rp. 23.000.000 : 11 years )

Account Receivable ( PT. Borang )

Account Payable ( PT. Granita )

16,000,000
16,000,000

Eliminasi
Credit

Consolidation
1,100,000,000
1,100,000,000
750,000,000
40,909,091
150,000,000
2,090,909
943,000,000
(12,000,000)
145,000,000
290,000,000
145,000,000

16,000,000

(50,000,000)

4,000,000
20,000,000

385,000,000

63,000,000
121,000,000
340,000,000
120,000,000
660,000,000
29,000,000
173,000,000
2,090,909
53,000,000

20,909,091
1,324,909,091

909,091

230,909,091

16,000,000

121,000,000
250,000,000
300,000,000

20,000,000

385,000,000

8,000,000
30,000,000
332,000,000

38,000,000
1,324,909,091

. 2.090.909 ) = Rp. 45.000.000

Total Investment Cost

Book Value
Common Stock - PT. Granita
Retained Earnings - PT. Granita
Bagian PT. Induk
Differential

173,000,000
50,000,000
100,000,000
150,000,000
x 80%

Total Fair Value

173,000,000

Fair Value of net identifiable assets

150,000,000

Book Value

120,000,000

120,000,000
53,000,000

23,000,000 = Goodwill
20,000,000 = Land
10,000,000 = Building & Equipment

Rp. 53.000.000
= Building & Equipment