TUGAS KELOMPOK 3

INTERMEDIATE ACCOUNTING I

Disusun Oleh :
2201860866 - Fakhri Akhdaan T.Zain
2201852845 - Evelyn Purnama Sari
2201861755 - Joice Margaretha
2201861263 - Ribka Anflora
2201862291 – Yuliani

A Straight Line Method

Component Useful Life
€ 5,400,000 60
€ 2,400,000 30
€ 900,000 30
€ 8,700,000

Description Dr
B Building € 2,600,000
Accumulated Depreciation of Building Engineering € 1,600,000
Building Engineering (old)
Gain on Exchange
Calculation
[2.600.000 - (2.400.000 - 1.600.000)] = 1.800.000
OMPOK 3
CCOUNTING I

Oleh :
i Akhdaan T.Zain
yn Purnama Sari
ce Margaretha
ibka Anflora
– Yuliani

Component Depreciations
€ 90,000
€ 80,000
€ 30,000
€ 200,000

Cr

€ 2,400,000
€ 1,800,000
 Description Dr Cr
A Loss on Impairment € 500,000
Accumulated Depreciation of Equipment € 500,000

Calculation
Cost € 7,000,000
Accumulated depreciation to date € (1,500,000)
Carrying Amount € 5,500,000
Recoverable amount € (5,000,000)
Loss on Impairment € 500,000

Description Dr Cr
B Depreciation Expense € 1,250,000
Accumulated depreciation of Equipment € 1,250,000

Calculation
New carrying amount € 5,000,000
Uselife 4
Depreciation per year € 1,250,000

Description Dr Cr
C Accumulated depreciation of Equipment € 1,500,000
Recovery of impairment loss € 1,500,000

Calculation
Carrying Amount (Dec, 31 2015) € 5,000,000
Depreciation Expense (2016) € (1,250,000)
Carrying Amount (2017) € 3,750,000

Recoverable amount € 5,250,000

Carrying Amount (2017) € (3,750,000)
Recovery of impairment loss € 1,500,000
 Description Dr
A 1-Jan-14 Equipment € 60,000
Cash
31-Dec-14 Depreciation Expense € 10,000
Accumulated Depreciation of Equipment

Description Dr
B Depreciation Expense € 10,000
31-Dec-15
Accumulated Depreciation of Equipment

Equipment (ending) € 35,000

Accumulated Depreciation - equipment € 20,000
Loss on impairment € 5,000
31-Dec-15
Equipment (beginning)
Calculation
[35000-(60000-20000)] = -5000

C Depreciation expense -2016

€ 60,000
€ (25,000)
€ 35,000

€ 35,000 = € 8,750
€ 4
 Cr

€ 60,000

€ 10,000

Cr

€ 10,000

€ 60,000
A Sum of the years digits method

$ 2,160,000 - 90,000 $ 2,070,000

Year Rate Basis depreciation

2014 5/15 $ 2,070,000

5/15 $ 2,070,000
2015
4/15 $ 2,070,000
4/15 $ 2,070,000
2016
3/15 $ 2,070,000
3/15 $ 2,070,000
2017
2/15 $ 2,070,000
2/15 $ 2,070,000
2018
1/15 $ 2,070,000
2019 1/15 $ 2,070,000

Double Declining Balance Method

Year Book Value Rate %

1 $ 2,160,000 40%
2 $ 1,728,000 40%
3 $ 1,036,800 40%
4 $ 622,080 40%

5 $ 373,248 40%

Sum-of-the-Years'-Digits Method
Equipment
Less: Accumulated Depreciation
Year-End Book Value
Depreciation Expense for the Year
2014 2015
$ 2,160,000 $ 2,160,000
$ 345,000 $ 966,000
$ 1,815,000 $ 1,194,000
$ 345,000 $ 621,000

Double-Declining Balance Method

Equipment
Less: Accumulated Depreciation
Year-End Book Value
Depreciation Expense for the Year
2014 2015
$ 2,160,000 $ 2,160,000
$ 432,000 $ 1,123,200
$ 1,728,000 $ 1,036,800
$ 432,000 $ 691,200

B Straight Line Method (2014-2015) 5 years

 Year Month Book Value

2014 July - Dec 2,160,000

2015 Jan - Dec 1,953,000

Straight Line Method (2016) - Depreciation expense

Year Book Value Depreciation Expense

2016 1,539,000 709,500

 Book Value
Depreciation Expense
$ 2,160,000
$ 345,000 $ 1,815,000
$ 345,000
$ 1,194,000
$ 276,000
$ 276,000
$ 711,000
$ 207,000
$ 207,000
$ 366,000
$ 138,000
$ 138,000
$ 159,000
$ 69,000
$ 69,000 $ 90,000

Accumulated Book Value, End of

Depreciation Expense Depreciation Year
432,000 432,000 1,728,000
691,200 1,123,200 1,036,800
414,720 1,537,920 622,080
248,832 1,786,752 373,248
149,299 0
283,248 1,936,051 90,000
 Book Value, End of
Depreciation Expense
Year
207,000 1,953,000
414,000 1,539,000

Book Value, End of

Year
829,500