Ayobude Partnership

Cash Distribution Plan

Vulnerability rank

Equity Profit & loss ratio Loss absorption Vulnerability rank

Andi 750,000 0.4 1,875,000 2
Budi 750,000 0.3 2,500,000 3
Cahyo 250,000 0.2 1,250,000 1
Dedi 275,000 0.1 2,750,000 4
Schedule of assumed loss absorption

Andi (40%) Budi (30%) Cahyo (20%)

Equities 750,000 750,000 250,000
Loss to absorb Cahyo (500,000) (375,000) (250,000)
250,000 375,000 0
Loss to absorb Andi (250,000) (187,500)
0 187,500
Loss to absorb Budi (187,500)
0
 Cash Distribution Plan

Dedi (10%) Total Priority Creditors

275,000 2,025,000 First, 250,000 100%
(125,000) (1,250,000) Second, 25,000
150,000 775,000 Third, 250,000
(62,500) (500,000) Fourth, 500,000
87,500 275,000 Remainder
(62,500) (250,000)
25,000 25,000
 Ayobude Statement of Partnership Liquidation for the period July

Cash
Andi Cap Budi Cap Cahyo Cap Dedi Cap Bal July 1,2019 500,000
Sale of inventory 250,000
100% Predistribution bal 750,000
75% 25% July 31,2019
50% 37.5% 12.5% July distribution
40% 30% 20% 10% Creditors (250,000)
Partners (500,000)
Bal August 1, 2019 0
rtnership Liquidation for the period July 1, 2019 to August 1,2019

Noncash Assets Priority Liability Andi (40%) Budi (30%) Cahyo (20%) Dedi (10%)
1,775,000 250,000 750,000 750,000 250,000 275,000
(500,000) (100,000) (75,000) (50,000) (25,000)
1,275,000 250,000 650,000 675,000 200,000 250,000

(250,000)
(112,500) (271,875) (115,625)
1,275,000 0 537,500 403,125 200,000 134,375
Andi, Budi, Cahyo and Dedi Schedule of Safe Payments July 31, 2019

Possible losses Andi Cap Budi Cap and loan Cahyo Cap
Partner's equities July 31, 2019 650,000 675,000 200,000
Possible loss on noncash assets 1,275,000 (510,000) (382,500) (255,000)
140,000 292,500 (55,000)
Possible loss from Cahyo (27,500) (20,625) 55,000
Balance allocated 50:37.5:12.5
112,500 271,875 0
Dedi Cap Besar uang tunai yang akan diperoleh partner di bulan Juli 2019 sebesar 500,000
250,000 Dengan rincian
(127,500) Andi = 112,500,000
122,500 Budi = 271,875,000
(6,875) Cahyo = 0
Dedi = 115,625,000
115,625
sebesar 500,000
 Revisi jurnal awal pengambilalihan Trustee dn jurnal no.8

Jurnal yg dilakukan Trustee atas pengambil - alihan aset perusahaan

Cash 10,000
Marketable securities 10,000
Account Receivable 60,000
Inventories 90,000
Land 110,000
Equipment 50,000
Prepaid Expenses 6,000
Intangible Assets 14,000
Accounts Payable 130,000
Wages Payable 20,000
Property Taxes Payable 10,000
Note - Payable Bank 50,000
Note - Payable Supplier 14,000
Interest Payable 14,000
Mortgage Payable 100,000
Estate Equity 12,000

1. A previously unrecorded utility bill for 1,400 is received

Estate Equity 1,400
Utilities Payable-New 1,400
2. Intangible assets are deemed worthless and are written off
Estate Equity 14,000
Intangible Assets 14,000
3. All inventory items are sold for 100,000 of which 70,000 is in cash and 30,000 is on account
Cash 70,000
Accounts Receivable 30,000
Inventory 90,000
Estate Equity 10,000
4. The equipment is sold for 40,000
Cash 40,000
Estate Equity 10,000
Equipment 50,000
5. Wages and property tax es owed on june 1 (priotity liability) are paid
Wages Payable 20,000
Property tax payable 10,000
Cash 30,000
6. land is sold for 100,000
Cash 100,000
Estate Equity 10,000
Land 110,000
 7. Mortgage payable and related interest are paid
Mortgage payable 100,000
Interest payable 10,000
Cash 110,000
8. Insurances policies (included in prepaid expense) are canceled, and a 2,000 cash refund is received
Cash 2,000
Estate Equity 4,000
Prepaid Expenses 6,000

9. Accounts receivable of 60,000 are collected from the amounts owed to Reinny Corp at June 1
Cash 60,000
Accounts receivable 60,000
10. The 60,000 received on account is applied to the bank note payable and related interest
Note payable-bank 50,000
Interest Payable 4,000
Cash 54,000
11. Estate administration expenses of 10,000 are paid
Estate Equity 10,000
Cash 10,000
12. Trustee fees of 6,000 are accrued
Estate Equity 6,000
Trustee's fee payable 6,000
 RENNY CORPORATION IN TRUSTEESHIP STATEMENT OF CASH RECEIPTS
AND DISURSEMENTS FROM JUNE 1 TO JUNE 30, 2018

Cash balance, June 1 2018

Add : Cash receipts
Sale of inventory items 70,000
Sale of equipment 40,000
Sale of land 100,000
Refund from insurance policy 2,000
Collection of receivable 60,000
Total cash receipts

Deduct : Cash disbursements

Wages payable 20,000
Property taxes payable 10,000
Mortagage payable and interest 110,000
Bank note payable and interest 54,000
Administrative expense 10,000
Total Cash disbursements
Cash balance, June 30 2018

0 is on account
cash refund is received

nny Corp at June 1

ated interest
MENT OF CASH RECEIPTS
O JUNE 30, 2018

10,000

272,000
282,000

204,000
78,000
1. Penjualan Cicilan
Installment contracts receivable, 2018 100,000
Installment sales 100,000

2. Penerimaan kas
Cash 137,000
Installment contracts receivable, 2018 84,000
Installment contracts receivable, 2017 44,000
Installment contracts receivable, 2016 9,000

3. Realisasi laba kotor

Deffered gross profit, 2018 31,920
Deffered gross profit, 2017 17,600
Deffered gross profit, 2016 4,050
Realized gross profit 53,570

4. Penyesuaian dan penutupan per 31 Desember 2018

Cost of installment sales 62,000
Shipment of installment sales 62,000

5. Menutup akun
Installment sales 100,000
Cost of installment sales 62,000
Deffered gross profit, 2018 38,000
 Saldo per 1 Jan 2018 Saldo per 31 Des 2018
Installment contracts receivable, 2016 10,000 1,000
Installment contracts receivable, 2017 48,000 4,000
Installment contracts receivable, 2018 100,000 16,000

Perhitungan Deffered gross profit, 2018

Deffered gross profit, 2018 = Installment sales - Cost of instalment sales
= 100,000 - 62,000
= 38,000

Perhitungan realisasi gross profit

Deffered gross profit, 2016 = 9,000 X 4,500
10,000
= 4,050

Deffered gross profit, 2018 = 44,000 X 19,200

48,000
= 17,600

Deffered gross profit, 2018 = 84,000 X 38,000

100,000
= 31,920
Pelunasan selama 2018
9,000
44,000
84,000
 Transaksi Konsinyasi terpisah dengan transaksi penjualan bias

Transaksi
Pada tanggal 23 Februari 2019, CV JKP mengirimkan 400 unit barang konsinyasi (produk A)
ke Galpot Mart (harga pokok @Rp50.000) untuk dijualkan pada harga Rp 80.000 perunit. Atas
pengiriman barang ini CV JKP mengeluarkan ongkos angkut sebesar Rp300.000,-

Pada tanggal 18 Maret 2019, CV JKP mengirimkan 600 unit barang konsinyasi (produk B) ke
Galpot Mart (harga pokok @Rp30.000) untuk dijualkan pada harga Rp 50.000 perunit. Atas
pengiriman barang ini CV JKP mengeluarkan ongkos angkut sebesar Rp450.000,-

Pada tanggal 5 April 2019, Galpot Mart mengeluarkan biaya pemeliharaan atas barang
konsinyasi milik CV JKP sebesar Rp 500.000 (Produk A) dan sebesar Rp650.000 (produk B).

Pada tanggai 20 Mei 2019 Galpot Mart melaporkan bahwa seluruh produk A telah berhasil
terjual sedangkan produk B baru terjual sebanyak 100 unit.

Pada tanggai 1 Juni 2019, Galpot Mart mengirimkan uang hasil penjualan seluruh produk A
(setelah dipotong biaya pemeliharaan dan komisi) dan melaporkan bahwa uang hasil
penjualan produk B baru akan dikirimkan setelah seluruh produk B berhasil dijual.
engan transaksi penjualan biasa

Jurnal Consignee (Galpot Mart) Jurnal Consignor (CV JKP)

(Memorandum) Consigment-Out- Galpot Mart (A)
Menerima 400 unit produk A dari CV JKP sbg transaksi Merchandise Shipment on Consignme
konsinyasi yg akan dijual sebesar Rp 80.000 per unit. Komisi Consigment-Out- Galpot Mart (A)
10 %. Seluruh biaya yg berkaitan dg konsinyasi boleh Cash
ditagihkan ke consignor.

(Memorandum) Consigment-Out- Galpot Mart (B)

Menerima 600 unit produk A dari CV JKP sbg transaksi Merchandise Shipment on Consignme
konsinyasi yg akan dijual sebesar Rp 50.000 per unit. Komisi Consigment-Out- Galpot Mart (B)
10 %. Seluruh biaya yg berkaitan dg konsinyasi boleh Cash
ditagihkan ke consignor.

Consignment-In - CV JKP (A) 500,000 No Entry

Consignment-In - CV JKP (A) 650,000
Cash 1,150,000

Cash 32,000,000 No Entry

Consignment-In - CV JKP (A) 32,000,000
Cash 5,000,000
Consignment-In - CV JKP (B) 5,000,000

Pengakuan Komisi
Consignment-In - CV JKP (A) 3,200,000
Commission on Consignment Sales 3,200,000
Consignment-In - CV JKP (B) 500,000
Commission on Consignment Sales 500,000

Consignment-In - CV JKP (A) 28,300,000 Cash

Cash 28,300,000 Consigment-Out- Galpot Mart (A)
Consigment-Out- Galpot Mart (A)
Consigment-Out- Galpot Mart (A)
Consigment Income
nsignor (CV JKP)
lpot Mart (A) 20,000,000
dise Shipment on Consignment 20,000,000
lpot Mart (A) 300,000
300,000

lpot Mart (B) 1,800,000

dise Shipment on Consignment 180,000,000
lpot Mart (B) 450,000
450,000

28,300,000
lpot Mart (A) 3,700,000
nt-Out- Galpot Mart (A) 32,000,000
lpot Mart (A) 8,000,000
8,000,000
 JURNAL PENYESUAIAN 31 DESEMBER 2018

Cash
Branch

Branch
Rp 203,800,000,000 Rp 51,900,000,000

Rp 151,900,000,000

JURNAL ELIMINASI 31 DESEMBER 2018

Home office Rp 151,900,000,000
Branch

Shipment to branch Rp 67,200,000,000

Unrealized profit Rp 16,800,000,000
Shipment to home office

Unrealized profit Rp 7,000,000,000

Merchandise inventory 1 Jan 2018

Merchandise inventory 31 Des( IS) Rp 5,600,000,000

Merchandise inventory 31 des 2018(BS)

*IS = Income statement

BS =Balance sheet
 Home office Branch
Rp 51,900,000,000
Rp 51,900,000,000

Home Office
Rp 151,900,000,000

Rp 151,900,000,000

Rp 84,000,000,000

Rp 7,000,000,000

Rp 5,600,000,000
 URAIAN Home office Branch
Debit
Cash Rp 71,300,000,000 Rp 66,150,000,000
Account receivable Rp 77,000,000,000 Rp 42,000,000,000
inventory 1 januari 2018 Rp 140,000,000,000 Rp 63,000,000,000
machine Rp 42,000,000,000 Rp 31,500,000,000
branch Rp 203,800,000,000
purchase Rp 308,000,000,000 Rp 35,000,000,000
operating expense Rp 50,000,000,000 Rp 18,000,000,000
others expenses Rp 20,000,000,000 Rp 10,000,000,000
dividends Rp 35,000,000,000
shipment from home office Rp 84,000,000,000
TOTAL DEBIT Rp 947,100,000,000 Rp 349,650,000,000
inventory 31 Des 2018 Rp 112,000,000,000 Rp 42,000,000,000

Credits
Acc-depretiation machine Rp 21,000,000,000 Rp 15,750,000,000
unrealized profit Rp 23,800,000,000
account payable Rp 84,000,000,000 Rp 7,000,000,000
capital stock Rp 280,000,000,000
retained earnings 1 Jan 2018 Rp 51,100,000,000
Sales Rp 420,000,000,000 Rp 175,000,000,000
Shippment to branch Rp 67,200,000,000
home office Rp 151,900,000,000
TOTAL CREDITS Rp 947,100,000,000 Rp 349,650,000,000
Inventory 31 Des 2018 Rp 112,000,000,000 Rp 42,000,000,000

Net income

Retained earnings 31 Des

 WORKSHEET LAPORAN KEUANGAN GABUNGAN

Adjustment & Elimination Income statement

Debit Credit Debit Kredit
Rp 51,900,000,000

Rp 7,000,000,000 Rp 196,000,000,000

Rp 203,800,000,000
Rp 343,000,000,000
Rp 68,000,000,000
Rp 30,000,000,000

Rp 84,000,000,000

Rp 5,600,000,000

Rp 23,800,000,000

Rp 595,000,000,000
Rp 67,200,000,000
Rp 151,900,000,000

Rp 5,600,000,000 Rp 148,400,000,000
Rp 300,400,000,000 Rp 300,400,000,000 Rp 637,000,000,000 Rp 743,400,000,000
Rp 106,400,000,000
Rp 743,400,000,000 Rp 743,400,000,000
 Retained earnings Balance sheet
Debit Kredit Debit Kredit
Rp 189,350,000,000
Rp 119,000,000,000

Rp 73,500,000,000
Rp -

Rp 35,000,000,000

Rp 148,400,000,000

Rp 36,750,000,000
Rp -
Rp 91,000,000,000
Rp 280,000,000,000
Rp 51,100,000,000

Rp -
Rp -

Rp 106,400,000,000

Rp 35,000,000,000 Rp 157,500,000,000
Rp 122,500,000,000 Rp 122,500,000,000
Rp 157,500,000,000 Rp 157,500,000,000 Rp 530,250,000,000 Rp 530,250,000,000
 PT. PROTAX
COMBINED INCOME STATEMENT
31 DESEMBER 2018

Sales
Cost of good sale
Inventory beginning
Purcahse
Cost of goods available for sale
Inventory ending
Gross profit on sale
Expense:
Operating expense
Others expense
Total expense
Net Income

PT PROTAX
COMBINED BALANCE SHEET
31 DESEMBER 2018

ASSETS
Cash Rp 189,350,000,000
Account receivable Rp 119,000,000,000
Inventory Rp 148,400,000,000
Current assets Rp 456,750,000,000

Machine Rp 73,500,000,000
Less : Acc dep-machine Rp 36,750,000,000
Non current asset Rp 36,750,000,000

TOTAL ASSETS Rp 493,500,000,000

 PT. PROTAX
COMBINED INCOME STATEMENT
31 DESEMBER 2018

Rp 595,000,000,000

Rp 196,000,000,000
Rp 343,000,000,000
Rp 539,000,000,000
Rp 148,400,000,000 Rp 390,600,000,000
Rp 204,400,000,000

Rp 68,000,000,000
Rp 30,000,000,000
Rp 98,000,000,000
Rp 106,400,000,000

PT PROTAX
COMBINED BALANCE SHEET
31 DESEMBER 2018

LIABILITIES STOCKHOLDER'S EQUITY

Account payable Rp 91,000,000,000 Capital stock
Retained earnings

TOTAL LIABILITIES DAN EQUITY Rp 493,50

OCKHOLDER'S EQUITY
Rp 280,000,000,000
Rp 122,500,000,000

Rp 402,500,000,000

493,500,000,000