YEAR 2014 (COST METHOD)

INDIVIDUAL STATEMENT ELIMINATION NONCONTROLLING CONSILIDATED

PARENT CO. SUBSIDIARY CO. DEBIT CREDIT INTEREST BALANCE
INCOME STATEMENT
SALES 3,534,000 2,020,000
DIVIDEND INCOME 48,000 -
TOTAL REVENUE 3,582,000 2,020,000
COST OF GOODS SOLD 2,040,000 1,200,000
DEPRECIATION EXPENSE - EQUIPMENT 120,000 30,000
OTHER EXPENSES 993,000 650,000
TOTAL COST & EXPENSES 3,153,000 1,880,000
NET CONSOLIDATED INCOME 429,000 140,000
NONCONTROLLING INTEREST - -
NET INCOME TO RETAINED EARNING 429,000 140,000

RETAINED EARNING STATEMENT

R/E, JANUARY 01, 2014
- PARENT COMPANY 1,798,000 -
- -
- SUBSIDIARY COMPANY - 605,000
NET INCOME FROM ABOVE 429,000 140,000
DIVIDEND DECLARED
- PARENT COMPANY (150,000) -
- SUBSIDIARY COMPANY - (60,000)
R/E, DECEMBER 31, 2014 (TO SOFP) 2,077,000 685,000

STATEMENT OF FINANCIAL POSITION (SOFP)

INVESTMENT IN SUBSIDIARY COMPANY 2,200,000 -
DBI/BV - -
LAND 2,000,000 250,000
EQUIPMENT 960,000 240,000
INVENTORY 1,037,000 1,000,000
GOODWILL - -
OTHER ASSETS 1,100,000 1,200,000
TOTAL ASSETS 7,297,000 2,690,000
LIABILITIES 2,220,000 505,000
COMMON STOCK
- PARENT COMPANY 3,000,000 -
- SUBSIDIARY COMPANY - 1,500,000
R/E, DECEMBER 31, 2014 (FROM ABOVE) 2,077,000 685,000
N C I, JANUARY 1, 2014 - -
- -
N C I, DECEMBER 31, 2014 - -
TOTAL LIABILITIES & EQUITIES 7,297,000 2,690,000

ELIMINATION JOURNAL
1. INVESTMENT IN SUBSIDIARY COMPANY
R/E, JANUARY 1, 2014 (PARENT CO.)
2. DIVIDEND INCOME (PARENT CO.)
DIVIDEND DECLARED (SUBSIDIARY CO.)
3. COMMON STOCK (SUBSIDIARY CO.)
R/E, JANUARY 1, 2014 (SUBSIDIARY CO.)
DBI/BV
INVESTMENT IN SUBSIDIARY CO.
N C I, JANUARY 1, 2014
4. R/E, JANUARY 1, 2014 (PARENT CO.)
N C I, JANUARY 1, 2014
EQUIPMENT
LAND
GOODWILL
DBI/BV
5. R/E, JANUARY 1, 2014 (PARENT CO.)
N C I, JANUARY 1, 2014
DEPRECIATION EXPENSE
EQUIPMENT
7. IMPAIRMENT LOSS
GOODWILL

JOURNAL TRANSAKSI (2014) PADA PARENT CO.

1. CASH
DIVIDEND INCOME
(MENCATAT DIVIDEN DARI SUBSIDIARY CO)