Homework of MBA Study Program

1. Dupak Manda opened a law office, Manda Law, on July 1 2016. On July
31, the statement of financial positionshowed cash $ 5,000, Account
Receivable $ 2,500, Supplies $ 600, Equpment $ 6,000, Account Payable $
5,200 , share capital-ordinary $ 7,000, and Retained eranings $ 900.
During August, the following transactions occurred.

1. Coolected $ 2,400 of accounts receivable due from clients

2. Paid $ 3,700 cash for accounts payable due
3. Earned revenue of $ 8,900 of which $ 4,000 is collected in cash and the
balance is due
4. Purchased additional office equipment for $ 2,000, paying $ 500 in
cash and the balance on account
5. Paid salaries $ 4,000, rent for August $ 1,000, and advertising expense
$ 450
6. Declared and paid a $ 550 cash dividend
7. Received $ 3,000 from standard Flora Bank; the money was borrowed
on a 4-month note payable.
8. Incurred utility expense for month on account $ 310

Instructions:

(a) Prepare a tabular analysis of the august transaction beginning with July
31
(b) Prepae an income statement of financial position at August 31

2. Compact Company is a new In the field of translation services, s,

established by Mr.Ririn . The company was newly established in June 2017.
Here are transactions that occurred during the month of June.

1 June 1st Mr. Ririn deposits cash into the company as initial capital of
Rp 100,000,000.
June 1st
1 June Paid a room rent of Rp 5,000,000.
5 June Purchased office equipment amounting to Rp 10,000,000 on
credit from Terang Co
6 June Pay for cleaning service service of Rp 8,000,000.

10 June Received translation service revenue of Rp 15,000,000 cash.

15 June Receive translation service of Rp 10,000,000 which will be paid

in 2 days
17 June Receive a translation service on 15 June.

20 June Pay off the debt to Terang Co for the purchase of office supplies.

25 June Pay the employee's salary of Rp 1,000,000.

28 June Taking Rp. 2,000,000 for personal use.

29 June Pay the phone fee of Rp. 300,000.

 Homework of MBA Study Program

30 June Pays Rp 600,000 for electricity and water.

30 June Pay the cost of advertising in newspapers of Rp. 5.000.000 which

will be repaid on July 5, 2016.

Instruction:

(c) Prepare a tabular analysis of the august transaction beginning with

June 1
(d) Prepare an income statement of financial position , retained earing
statement and cashflow at June 30