STATEMENT OF FINANCIAL POSITION

Soal 1

Berikut adalah neraca saldo Shaun Co per 31 Desember 2011 :

  DEBET CREDIT
Cash $ 295.500 $ -
Sales $ - $ 11.850.000
Debt Investments (trading) (cost, $145,000) $ 229.500 $ -
Cost of Goods Sold $ 7.200.000 $ -
Investments in bonds $ 448.500 $ -
Investments in capital stock $ 415.500 $ -
Notes Payable (short-term) $ - $ 135.000
Accounts Payable $ - $ 682.500
Selling Expenses $ 3.000.000 $ -
Investment Revenue $ - $ 94.500
Land $ 390.000 $ -
Buildings $ 1.560.000 $ -
Dividends Payable $ - $ 204.000
Accrued Liabilities $ - $ 144.000
Accounts Receivable $ 652.500 $ -
Accumulated Depreciation—Buildings $ - $ 528.000
Allowance for Doubtful Accounts $ - $ 37.500
Administrative Expenses $ 1.350.000 $ -
Interest Expense $ 316.500 $ -
Inventory $ 895.500 $ -
Extraordinary Gain $ - $ 120.000
Notes Payable (long-term) $ - $ 1.350.000
Provision Pensions (Long term) $ - $ 120.000
Equipment $ 900.000 $ -
Land Held for Future Use $ 240.000 $ -
Bonds Payable $ - $ 1.500.000
Accumulated Depreciation—Equipment $ - $ 90.000
Franchises $ 240.000 $ -
Share capital ordinary ($5 par) $ - $ 1.500.000

Treasury Stock $ 286.500 $ -

 Patents $ 292.500 $ -
Retained Earnings $ - $ 117.000
Paid-in Capital in Excess of Par $ - $ 120.000
Accumulated other comprehensive income $ - $ 120.000
$ 18.712.500 $ 18.712.500
Diminta : Sajikan neraca per 31 Desember 2012

Soal 2

Dari daftar akun di bawah ini susunlah laporan laba rugi Multiple Step, dan semua
diklasifikasikan dengan tepat.

Accounts Receivable Land for Future Plant Site

Accumulated Depreciation—Buildings Loss from Flood
Accumulated Depreciation—Equipment Inventory—Ending
Advances to Employees Machinery retired from use and held
Advertising Expense for sale.
Allowance for Doubtful Accounts Notes Payable (due next year)
Bond Sinking Fund Paid-in Capital in Excess of Par—Share
Bonds Payable capital preferren
Buildings Patents
Cash in Bank Payroll Taxes Payable
Cash on Hand Pension Obligations
Cash Surrender Value of Life Insurance Petty Cash
Cash Restricted for Plant Expansion Share capital preferren
Current portion of long-term debt Premium on Bonds Payable
Prepaid Rent Purchase Returns and Allowances
Commission Expense Purchases
Share capital ordinary Retained Earnings
Copyrights Salaries and Wages Expense (sales)
Debt Investments (trading) Salaries and Wages Payable
Dividends Payable Sales
Equipment Sales Discounts
Gain on Sale of Equipment Transportation-in
Goodwill Treasury Stock (at cost)
Interest Receivable Unearned Subscriptions Revenue
Inventory—Beginning

Soal No. 3
Berikut adalah akun-akun dalam neraca YKS Co, untuk tahun 2011 :
Goodwill $ 125,000
Accumulated depreciation—equipment $ 292,000
Payroll taxes payable 177,591
Inventory 239,800
Bonds payable 300,000
Rent payable (short-term) 45,000
Discount on bonds payable 15,000
Income tax payable 98,362
Cash 360,000
Rent payable (long-term) 480,000
Land 480,000
Share capital ordinary, $1 par value 200,000
Notes receivable 445,700
Share capital preferren, $10 par value 150,000
Notes payable (to banks) 265,000
Prepaid expenses 87,920
Accounts payable 490,000
Equipment 1,470,000
Retained earnings ?
Equity investments (trading) 121,000
Income taxes receivable 97,630
Accumulated depreciation—buildings 270,200
Unsecured notes payable (long-term) 1,600,000
Buildings 1,640,000

Diminta :
Klasifikasikan statement of financial position . Share capital ordinary authorized was
400,000 shares, dan Share capital preferren authorized was 20,000 shares.
Diasumsikan notes receivable dan notes payable adalah jangka pendek,
equity investments (trading) dinilai Cost dan fair value
Soal 4
ZEMA CORPORATION
BALANCE SHEET
DECEMBER 31, 2012

Current assets $ 970,000 Current liabilities $ 760,000

Investments 1,280,000 Long-term liabilities 2,000,000
Property, plant, and equipment 3,440,000 Stockholders’ equity 3,540,000
Intangible assets 610,000 $6,300,000
$6,300,000

Informasi tambahan :.
1. Current assets termasuk: cash $300,000, accounts receivable $340,000 for
allowance for doubtful accounts $20,000, inventories $360,000, dan unearned
revenue $10,000. Inventories dinilai dengan metode the lower-of-FIFO-cost-or-
market.
2. Investments terdiri dari: the cash surrender value of a life insurance contract
$80,000, investments in share capital ordinary short-term (trading) $160,000 and
long-term (available-for-sale) $540,000; and bond sinking fund $500,000.
3. Property, plant, and equipment termasuk : buildings $2,080,000 less accumulated
depreciation $720,000; equipment $900,000 less accumulated depreciation
$360,000; land $1,000,000; and land heldfor future use $540,000.
4. Intangible assets termasuk: franchise $330,000; goodwill $200,000; dan discount
on bonds payable $80,000.
5. Current liabilities termasuk: accounts payable $280,000; notes payable—short-term
$160,000 dan longterm $240,000; dan taxes payable $80,000.
6. Long-term liabilities 7% bonds payable due 2020.
7. Stockholders’ equity has: share capital preferred, no par value, authorized 400,000
shares, issued 140,000 shares for $900,000; and share capital ordinary, $1.00 par
value, authorized 800,000 shares, issued 200,000 shares at an average price of
$10. retained earnings of $640,000.

Diminta :

Siapkan statement of financial position untuk tahun 2012

Jawaban :