KUNCI JAWABAN ASISTENSI AKM 3 PERTEMUAN 4

CASH FLOW -INDIRECT METHOD

INCREASE/DECREASE

Cuan Company
Comparative Statement of Financial Position
as of May 31

2019 2018
Cash $49.438 $35.000
Account receivable $131.250 $101.500 $-29.750
Inventory $385.000 $437.500 $52.500
Prepaid expenses $15.750 $12.250 $-3.500
Plant assets $1.050.000 $878.500 $-171.500
Accumulated Depr-Plant
assets $-262.500 $-218.750 $43.750

TOTAL ASSETS $1.368.938 $1.246.000 $-122.938

Account payable $215.250 $201.250 $14.000
Salaries and wages payable $82.688 $126.000 $-43.312
Interest payable $47.250 $43.750 $3.500
Bonds payable $122.500 $175.000 $-52.500

TOTAL LIABILITIES $467.688 $546.000 $-78.313

Share capital-ordinary, $ 17,5
par $647.500 $490.000 $157.500
Retained Earnings $253.750 $210.000 $43.750
TOTAL LIABILITIES AND
EQUITY $1.368.938 $1.246.000 $122.938

ADDITIONAL INFORMATIONS
:
Plant assets
Plant assets 2018 Rp878.500
beli Rp171.500 kas + $49.000
Rp1.050.000 ordinary shares + $7.000
Rp-

plant assets 2019 Rp1.050.000

Share Capital- Ordinary

ordinary shares Rp490.00
2018 0
Rp122.50
terbit untuk plant 0 tidak berpengaruh terhadap kas
bertambah 35000 (2000 yang di additional data 6 x
terbit dengan cash Rp35.000 $1,75)
Rp647.50
0
Rp-
ordinary shares Rp647.50
2019 0

STATEMENT OF CASH FLOWS

Cuan Company
Statement of Cash Flows
For the Year Ended May,31,2019

cash flows from operating activities

net income $227.500
adjustment to reconcike net income to net
cash provided by operating activities
Depreciation expense $43.750
Increase in account receivable $-29.750
Decrease in merchandise inventory $52.500
Increase in prepaid expenses $-3.500
Increase in account payable $14.000
Decrease in salaries payable $-43.312
Increase in interest payable $3.500 $37.188
Net cash provided by operating activities $264.688

Cash flows from investing activities

Purchase of plant assets $-49.000
Net cash provided by investing activities $-49.000

Cash flows from financing activities

Bonds payable $-52.500
cash dividend paid $-183.750
issuance of ordinary shares $35.000 $-201.250
Net cash used by financing activities $-201.250

NET INCREASE IN CASH $14.438

cash May 1, 2019 $35.000
Cash May 31, 2019 $49.438