SOAL 2019 Energetic Corporation

General Journal
NO 1 1-Jul Accounts Receivable (dicky) Rp7,155,000
MERCHANDISING Sales Revenue
(Periodic)
Freight out Rp60,000
Cash
4-Jul Purchases Rp9,350,000
Accounts Payable
Freight in Rp30,000
Cash
5-Jul Sales returns and allowances Rp720,000
Accounts Receivable (dicky)
8-Jul Cash Rp3,470,175
Sales Discounts Rp107,325
Accounts Receivable
11-Jul Cash Rp8,874,000
Sales Revenue
12-Jul Accounts Payable Rp9,350,000
Cash
Purchase Discounts
13-Jul Cash Rp2,857,500
Accounts Receivable
15-Jul Purchases Rp13,950,000
Accounts Payable
Freight in Rp22,000
Cash
17-Jul Accounts Payable Rp225,000
Purchase returns and allowances
21-Jul Cash Rp2,106,000
Sales Revenue
23-Jul Accounts Receivable (ny sasa) Rp11,495,000
Sales Revenue
25-Jul Sales returns and allowances Rp585,000
Cash
27-Jul Purchases Rp20,335,000
Accounts Payable
Freight in Rp75,000
Cash
30-Jul Cash Rp4,908,200
Sales Discounts Rp151,800
Accounts Receivable (ny sasa)

Energetic Corporation
Income Statement
For the month ended July, 31 2019
Sales
 Sales Revenue
Less : Sales returns and allowances
Sales discounts
NET SALES

Cost of goods sold

Inventory, 1 July
Purchases
Less : Purchase returns and allowances Rp225,000
Purchase discounts Rp187,000
NET PURCHASES
Add : Freight in
Cost of goods purchased
Cost of goods available for sale
Less : Inventory, 31 July
Cost of goods sold
GROSS PROFIT

PT BipBop
General Journal
1-Jan Purchases Rp4,050,000
Accounts Payable (PT Bopbop)
Freight in Rp50,000
Cash
3-Jan Accounts Payable (Bopbop) Rp67,500
Purchase discounts
5-Jan Accounts Receivable (PT Bipbap) Rp13,680,000
Sales Revenue
7-Jan Accounts Payable (Bopbop) Rp1,792,125
Purchase discounts
Cash
10-Jan Accounts Receivable (PT Bopbip) Rp9,982,000
Sales Revenue
Freight out Rp120,000
Cash
11-Jan Sales returns and allowances Rp2,300,000
Accounts Receivable (PT Bipbap)
Sales discounts Rp20,000
Accounts Receivable (PT Bipbap)
12-Jan Accounts Payable (Bopbop) Rp2,190,375
Cash
12-Jan Cash Rp7,713,440
Sales discounts Rp238,560
Accounts Receivable (PT Bipbap)
13-Jan Purchases Rp9,295,000
 Accounts Payable (PT Bipbip)
15-Jan Cash Rp1,652,880
Sales discounts Rp51,120
Accounts Receivable (PT Bipbap)
17-Jan Accounts Receivable (PT Bobo) Rp5,820,000
Sales Revenue
Freight out Rp30,000
Cash
20-Jan Cash Rp1,455,000
Sales discounts Rp45,000
Accounts Receivable (PT Bobo)
22-Jan Accounts Payable (PT Bipbip) Rp2,150,000
Purchase returns and allowances
25-Jan Purchases Rp3,140,000
Cash
Freight in Rp15,000
Cash
29-Jan Cash Rp1,704,000
Accounts Receivable (PT Bipbap)

PT BipBop
Income Statement
For the month ended Januaary, 31 2017
Sales
Sales Revenue
Less : Sales returns and allowances
Sales discounts
NET SALES

Cost of goods sold

Inventory, 1 July
Purchases
Less : Purchase returns and allowances Rp2,150,000
Purchase discounts Rp103,343
NET PURCHASES
Add : Freight in
Cost of goods purchased
Cost of goods available for sale
Less : Inventory, 31 July
Cost of goods sold
GROSS PROFIT
 SOAL 2019
NO 2 Date

Rp7,155,000
INVENTORIES Oct-20
3-Oct
Rp60,000
10-Oct
Rp9,350,000
10-Oct
Rp30,000
15-Oct
Rp720,000

16-Oct
Rp3,577,500

Rp8,874,000 25-Oct

Rp9,163,000
Rp187,000 26-Oct

Rp6,435,000

Rp13,950,000 date
10-Oct
Rp22,000 10-Oct
25-Oct
Rp225,000 26-Oct

Rp2,106,000

Rp11,495,000
Date

Rp585,000 Oct-20
3-Oct
Rp20,335,000 10-Oct
10-Oct
Rp75,000 15-Oct
16-Oct
25-Oct
Rp5,060,000 26-Oct

c Corporation
e Statement
ended July, 31 2019 date
Rp29,630,000 10-Oct
 Rp1,305,000 10-Oct
Rp259,125 Rp1,564,125 25-Oct
Rp28,065,875 26-Oct

Rp64,206,000
Rp43,635,000

Rp412,000
Rp43,223,000
Rp127,000
Rp43,350,000
Rp107,556,000
Rp71,901,000
Rp35,655,000
Rp7,589,125

Rp4,050,000

Rp50,000

Rp67,500

Rp13,680,000 Ending In
Unit available for sale
Rp35,843 Sales
Rp1,756,283 Ending Inventory in unit

Rp9,982,000 Ending Inventory

Rp120,000 Cost o
Cost of goods available
Rp2,300,000 Less : Ending Inventory
Cost of goods sold
Rp20,000
Average cost per unit
Rp2,190,375 Ending Inventory

Cost o
Rp7,952,000 Cost of goods available
Less : Ending Inventory
 Rp9,295,000 Cost of goods sold

Rp1,704,000

Rp5,820,000

Rp30,000

Rp1,500,000

Rp2,150,000

Rp3,140,000

Rp15,000

Rp1,704,000

BipBop
e Statement
ded Januaary, 31 2017

Rp29,482,000
Rp2,300,000
Rp354,680 Rp2,654,680
Rp26,827,320

Rp59,185,000
Rp16,485,000

Rp2,253,343
Rp14,231,658
Rp65,000
Rp14,296,658
Rp73,481,658
Rp56,245,000
Rp17,236,658
Rp9,590,663
 FIFO method, perpetual inventory system
Purchase Cost of goods sold Balance
unit cost total unit cost total unit cost
100 Rp50,000
25 Rp55,000 Rp1,375,000 100 Rp50,000
25 Rp55,000
50 Rp50,000 Rp2,500,000 50 Rp50,000
25 Rp55,000
-5 Rp50,000 -Rp250,000 55 Rp50,000
25 Rp55,000
50 Rp57,000 Rp2,850,000 55 Rp50,000
25 Rp55,000
50 Rp57,000
-10 Rp57,000 Rp570,000 55 Rp50,000
25 Rp55,000
40 Rp57,000
55 Rp50,000 Rp2,750,000
25 Rp50,000 Rp1,375,000
20 Rp57,000 Rp1,140,000 20 Rp57,000
-15 Rp57,000 -Rp855,000 35 Rp57,000
COGS Rp6,660,000 Ending Inventory

Sales (i) Cost of Goods Sold

unit cost total (ii) Ending Inventory
50 Rp70,000 Rp3,500,000 (iii) Sales Rp9,950,000
-5 Rp70,000 -Rp350,000 Less: COGS Rp6,660,000
100 Rp80,000 Rp8,000,000 Gross Profit
-15 Rp80,000 -Rp1,200,000 Gross Profit Rate = 33%
Rp9,950,000

Average method, periodic inventory system

Purchase Cost of goods sold Balance
unit cost total unit cost total unit cost
100 Rp50,000
25 Rp55,000 Rp1,375,000 125 51000
50 Rp51,000 Rp2,550,000 75 Rp51,000
-5 51000 -255000 80 51000
50 Rp57,000 Rp2,850,000 130 Rp53,308
-10 Rp57,000 Rp570,000 120 Rp53,000
100 Rp53,000 Rp5,300,000 20 Rp53,000
-15 Rp53,000 -Rp795,000 35 Rp53,000
COGS Rp6,800,000 Ending Inventory

Sales (i) Cost of Goods Sold

unit cost total (ii) Ending Inventory
50 Rp70,000 Rp3,500,000 (iii) Sales -1200000
 -5 Rp70,000 -Rp350,000 Less: COGS Rp6,800,000
100 Rp80,000 Rp8,000,000 Gross Profit
-15 Rp80,000 -Rp1,200,000 (iv) Gross Profit Rate = 32%
Rp9,950,000

Perpiodic inventory system

Date Explanation Units Unit Cost Total Cost
1-Sep Beginning Inventory 500 Rp420,000 Rp210,000,000
4-Sep Purchase 200 Rp425,000 Rp85,000,000
7-Sep Purchase 250 Rp430,000 Rp107,500,000
8-Sep Purchase return -25 Rp425,000 -Rp10,625,000
17-Sep Purchase 100 Rp445,000 Rp44,500,000
Total 1025 Rp436,375,000

Ending Inventory in units FIFO method

Unit available for sale 1025 (i) Cost of goods sold
950 (ii) Ending inventory
Ending Inventory in units 75 (iii) Sales 546250000
Less : COGS 403000000
Ending Inventory Rp33,375,000 Gross Profit
(iv) Gross Profit Rate = 26,22%
Cost of goods sold
Cost of goods available for sale Rp436,375,000
Less : Ending Inventory Rp33,375,000
Cost of goods sold Rp403,000,000

Average cost per unit Rp425,732 Average method

Ending Inventory Rp31,929,878 (i) Cost of goods sold
(ii) Ending inventory
Cost of goods sold (iii) Sales 546250000
Cost of goods available for sale Rp436,375,000 Less : COGS Rp404,445,122
Less : Ending Inventory Rp31,929,878 Gross Profit
Cost of goods sold Rp404,445,122 (iv) Gross Profit Rate = 25,95%
 SOAL 2019 Moria Co.
Balance Bank Reconciliation
total NO 3 April 30, 2019
Rp5,000,000
BANK Cash balance per bank statement
RECONCILIATION
Rp5,000,000 Add: Deposits in transit (1)
Rp1,375,000 Error in recording check (6)
Rp2,500,000 Error in debiting (7)
Rp1,375,000
Rp2,750,000 Less: Outstanding checks (1)
Rp1,375,000 Error in recording check (9)
Rp2,750,000 Adjusted cash balance per bank statement
Rp1,375,000
Rp2,850,000 Cash balance per book
Rp2,750,000 Add: Collection of notes recievable (2)
Rp1,375,000 Error in recording check (4)
Rp2,280,000
Less: Printing check and bank service charge (3)
Not sufficient funds check (8)
Rp1,140,000 Error in recording check (10)
Rp1,995,000 Error in recording check (5)
Rp1,995,000 Adjusted cash balance per book

Rp6,660,000 General Journal

Rp1,995,000 30-Apr Cash
Bank charge expense

Rp3,290,000
30-Apr Printing check and bank service charge

30-Apr Cash

Balance 30-Apr Sales revenue

total
Rp5,000,000 30-Apr Accounts receivable
6375000
Rp3,825,000 30-Apr Accounts payable
4080000
Rp6,930,000
Rp6,360,000
Rp1,060,000
Rp1,855,000
Rp1,855,000

Rp6,800,000
Rp1,855,000
 -Rp8,000,000

403000000
33375000

143250000

Rp403,000,000
Rp31,929,878

Rp141,804,878
 Moria Co. SOAL 2019
Bank Reconciliation
April 30, 2019 NO 4
ance per bank statement Rp102,056
RECEIVABLES
Deposits in transit (1) Rp13,030
Error in recording check (6) Rp3,811
Error in debiting (7) Rp14,565 Rp31,406

Outstanding checks (1) Rp20,818

Error in recording check (9) Rp7,830 Rp28,648
d cash balance per bank statement Rp104,814

ance per book Rp108,454

Collection of notes recievable (2) Rp18,035
Error in recording check (4) Rp3,888 Rp21,923

Printing check and bank service charge (3) Rp3,500

Not sufficient funds check (8) Rp18,486
Error in recording check (10) Rp2,640
Error in recording check (5) Rp937 Rp25,563
d cash balance per book Rp104,814

General Journal
Rp18,035
Bank charge expense Rp145
Notes Receivable Rp18,000
Interest Revenue Rp180
Printing check and bank service charge Rp3,500
Cash Rp3,500
Rp3,888
Accounts Payable Rp3,888
Sales revenue Rp937
Cash Rp937
Accounts receivable Rp18,486
Cash Rp18,486
Accounts payable Rp2,640
Cash Rp2,640
 Accounts Receivable (Per 31 October 2019)
Not Yet Due Number of Days Past Due
Nama Customer Total
1-30 days 31-90 days 61-90 days >90 days
Dahlia Co. $500,000 $20,000
Felix Co.
Xia Co.
Total $535,000 $40,000 $30,000 $20,000 $10,000
Estimated Collectible 98% 95% 90% 80% 75%
Uncollectible $10,700 $2,000 $3,000 $4,000 $2,500 $22,200

Nama Customer Nilai Wesel Bunga Tanggal terbit Masa

Nina Co. 9% 30-Aug-19 2 bulan
Alfredo Co. 27-Oct-19 1 bulan

General Journal
1-Nov Accounts receivable (nina co) $101,500
Notes receivable (nina co) $100,000
Interest revenue $1,500
4-Nov Allowance for doubtful accounts $10,000
Accounts receivable (felix co) $10,000
10-Nov Cash $20,000
Sales revenue $20,000
Cash $5,000
Accounts receivable (dahlia co) $5,000
23-Nov Accounts receivable (felix co) $10,000
AFDA $10,000
Cash $80,000
Accounts receivable (felix co) $80,000
25-Nov Notes receivable (vira co) $36,500
Sales revenue $36,500
27-Nov Cash $70,426
Notes receivable (alfredo) $70,000
Interest revenue $426
27-Nov Cash $50,000
Sales revenue $50,000
Notes receivable (xia co) $30,000
Accounts receivable $30,000
30-Nov Cash $101,500
Accounts receivable (nina co) $101,500

Adjustment
30-Nov Interest receivable (vira co) $45
Interest revenue $45
30-Nov Interest receivable (xia co) $18
Interest revenue $18
 Aging schedule
Not Yet Due Number of Days Past Due
Nama Customer
1-30 days 31-90 days 61-90 days >90 days Total
Dahlia Co. $500,000 $20,000 520000
Estimated Collectible 98% 95% 90% 80% 75%
Uncollectible $25,000 $2,000 27000

30-Nov Bad debt expense 4800

AFDA 4800

AFDA
10000 22200
10000
4800
27000