TUGAS PRAKTIKUM PENGANTAR AKUNTANSI FATA 2017

TUGAS 1
ACCOUNTING EQUATION

FATA Company is a service company that started its operations on January 2020. These are the
transactions that occurred on that month:

January 1 The owner of FATA invested Rp350,000,000 cash in the business

January 1 Paid three years of building rent in advance for Rp25,000,000

January 2 Decided to pay their employees Rp5,000,000 each month

January 3 Received payment of Rp18,000,000 in advance for 12 months’ worth of services

from its customer, PT CATs

January 3 Paid Rp30,000,000 for office supplies

January 3 Paid Rp65,000,000 for a used Daihatsu Ayla

January 4 Purchased machine on account for Rp37,000,000 from PT SKA

January 6 Performed services amounting to Rp14,550,000 on account

January 7 Paid Rp900,000 for 90 days of advertising in advance

January 10 Received bill from PT TAMIMA for machine maintenance with the amount of
Rp9,000,000, paid 50% in cash and the remaining on account

January 16 Performed services worth Rp9,000,000 for PT ATA, 25% paid in cash and the
remaining 75% will be paid on January 28

January 18 Received Rp88,304,000 for services performed

January 20 Exchanged its Daihatsu Ayla bought on January 3 with a brand new Toyota
Avanza

January 21 Received cash on balance due for services performed on January 6

January 21 Withdrew Rp6,500,000 of cash for personal use

January 24 Borrowed Rp40,000,000 from the bank on a note payable

DINI – JOSEPHINE – LUMONGGA FATA 2017

TUGAS PRAKTIKUM PENGANTAR AKUNTANSI FATA 2017
January 26 Paid Rp5,000,000 for miscellaneous expense

January 27 Incurred Rp12,000,000 of travel expense

January 28 Paid balance due for the purchase of machine made on January 4

January 28 Received payment from PT ATA for receivables due

January 29 Made payment of Rp3,825,000 for utilities expense

January 30 Paid one-third of payable to PT TAMIMA

January 30 Paid Rp47,000,000 for employees’ salaries

Instructions:

From the transactions above, prepare the accounting equation for JOD Company and its
necessary notes using the following format:

FATA Company
Accounting Equation
for January 2020
Assets Liabilities Owner's Equity
Other Retained Earnings
Date Account = Account Unearned Notes + Owner's Notes
Cash
Receivable Account Amount Payable Revenue Payable Capital Revenue - Expense - Drawings

- -
+
Total =

DINI – JOSEPHINE – LUMONGGA FATA 2017

TUGAS PRAKTIKUM PENGANTAR AKUNTANSI FATA 2017

Additional Information:

Chart of Account – FATA Company (Accounting Equation Only)

Cash Owner’s Capital

Account Receivable Retained Earnings

Prepaid Building Rent Service Revenue

Prepaid Advertising Maintenance Expense

Supplies Salaries Expense

PPE—Car Utilities Expense

PPE—Machine Travel Expense

Account Payable Miscellaneous Expense

Unearned Revenue Drawings

Notes Payable

DINI – JOSEPHINE – LUMONGGA FATA 2017