Professional Documents
Culture Documents
Tugas Sesi 8
Tugas Sesi 8
NIM : 21/486941/PEK/27925
KELAS : MATRIKULASI (A)
Bagian E13.4
a. Journal entries
b. Diann Ltd. Reports Dividend revenue and Gain on sale under “Other income and expense” in
the income statement.
Bagian E13.8
a. Journal entries for Chicory Cosmetics
2020
March. 18 Share Investments (200,000 × 15% × €13) 390,000
Cash 390,000
(To record purchase of 30,000 ordinary shares
of Racine Fashion)
2020
Jan. 1 Share Investments (30,000 × 30% × €9) 81,000
Cash 81,000
(To record purchase of 9,000 ordinary shares
of Nowak)
Bagian P13.1
a. Journal Entries
2020
Jan. 1 Debt Investments 2,000,000
Cash 2,000,000
(To record purchase of Franco bonds)
2023
Jan. 1 Cash 140,000
Interest Receivable 140,000
(To record receipt of interest on Franco bonds)
Jan. 1 Cash (HK$1,000,000 × 105%) 1,050,000
Gain on Sale of Debt Investments 50,000
Debt Investments 1,0000,000
(To record sale of Franco bonds )
b. The statement of financial position presentation of the bonds and interest receivable at
December 31, 2020. Assume the investment are considered long-term.