NAMA: Sri Kurniawati

NIM : 2191022020

MATA KULIA : Pengantar Akuntansi 1

DOSEN : Albertus Karjono, SE, MM, Ak, CA, CMOS, CRM

TUGAS KE 3 Latihan Adjusting Entries

P3-2A Lazy River Resort Ltd. opened for businesson June 1, 2017 Its Trial Balance before adjustment on
August 31 is as follows.

LAZY RIVER RESORT LTD.

Tral Balance

August 31, 2017

Account Number Debit Credit

101 Cash € 19,600

126 Supplies 3,300
130 Prepaid Insurance 6,000
140 Land 25,000
143 Buildings 125,000
157 Equipment 26,000
201 Account Payable € 6,500
208 Unearned Rent Revenue 7,400
275 Mortgage Payable 80,000
311 Share Capital-Ordinary 100,000
332 Deviden 5,000
429 Rent Revenue 80,000
622 Maintenance and Repairs Expense 3,600
726 Salarie and Wages Expense 51,000
732 Utilities Expense 9,400
€ 273,900 € 273,900

In addition to those Accounts listed on the Trial Balance, the chart of accounts for Lazy Resort Ltd. also
contains the following account and account numbers: No. 112 Accounts Receivable, No. 144
Accumulated Depreciation-Buildings, 158 Accumulated Depreciation-Equipment, No. 212 Salaries and
Wages Payable, No. 230 Interest Payable, No. 631 Supplies Expenses, No. 711 Depreciation Expense, No.
718 Interest Expense, and No. 722 Insurance Expense.

Other Data:

1. Insurance expires at the rate of €400 per month.

2. A count on August 31 shows €900 of supplies on hand.
3. Annual depreciation is €4,500 on Buildings and €4,200 on equipment.
4. Unearned Rent Revenue of €4,100 should be recorded as rent revenue prior to August 31.
5. Salaries of €400 werw unpaid at August 31.
6. Rental of €3.700 were due from tenants at August 31. (Use Accounts Receivable)
7. The mortgage interest rate is 9% per year. (The mortgage was taken out on August1).

Instructions

(a) Jurnalize the adjusting entries on August 31 for the 3-month period June 1-August 31.
 (b) Prepare a ledger using the three-column form of account. Enter the trial balance amounts and
post the adjusting entries. (Use J1 as the posting reference).
(c) Prepared adjusted Trial Balance on August 31.
(d) Prepare an income statement and a retained earnings statement for the three months ending
August 31 and statement of financial position as of August 31.

Jawab:

(a) Jurnal entries

GENERAL JURNAL
Tanggal Judul akun dan penjelasannya Ref. Debit Kredit
31-Aug Beban Asuransi (€ 400 * 3) 722 € 1.200
Asuransi prabayar 130 € 1.200

31-Aug Beban Persediaan (€3,300 - 900) 631 € 2.400

Persediaan 126 € 2.400

31-Aug Beban Depresiasi (4.500*3/12) 711 € 1.125

Akumulasi penyusutan-bangunan 144 € 1.125

31-Aug Beban Depresiasi (4.200*3/12) 711 € 1.050

Peralatan 157 € 1.050

31-Aug Pendapatan Sewa diterima dimuka 208 € 4.100

Pendaptan sewa 429 € 4.100

31-Aug Beban Gaji dan upah 726 € 400

Hutang Gaji dan Upah 212 € 400

31-Aug Piutang 112 € 3.700

Pendapatan Sewa 429 € 3.700

31-Aug Beban Bunga (80.000*9%*1/12) 718 € 600

Hutang Bunga 230 € 600
 (b) Ledger

Cash No. 101

Date Explanation Ref. Debit Credit Balance
Aug. 31 Balance € 19.600

Account Payable No. 112

Date Explanation Ref. Debit Credit Balance
Aug. 31 Adjusting J1 € 3.700 € 3.700

Supplies No. 126

Date Explanation Ref. Debit Credit Balance
Aug. 31 Balance € 3.300
Aug. 31 Adjusting J1 € 2.400 € 900

Prepared Insurance No. 130

Date Explanation Ref. Debit Credit Balance
Aug. 31 Balance € 6.000
Aug. 31 Adjusting J1 € 1.200 € 4.800

Land No. 140

Tanggal Explanation Ref. Debit Credit Balance
Aug. 31 Balance € 25.000

Buildings No. 143

Date Explanation Ref. Debit Credit Balance
Aug. 31 Balance € 125.000

Accumulated Depreciation Buildings No. 144

Date Explanation Ref. Debit Credit Balance
Aug. 31 Balance J1 € 1.125 € 1.125

Equipment No. 157

Date Explanation Ref. Debit Credit Balance
Aug. 31 Balance J1 € 26.000

Accumulated Depreciation Equipment No. 158

Date Explanation Ref. Debit Credit Balance
Aug. 31 Adjusting J1 € 1.050 € 1.050

Accounts Payable No. 201

Date Explanation Ref. Debit Credit Balance
Aug. 31 Balance € 6.500
Unearned Revenue No. 726
Date Explanation Ref. Debit Credit Balance
Aug. 31 Balance € 7.400
Aug. 31 Adjusting J1 € 4.100 € 3.300

Salaries Payable No. 212

Date Explanation Ref. Debit Credit Balance
Aug. 31 Adjusting J1 € 400 € 400

Interest Payable No. 230

Date Explanation Ref. Debit Credit Balance
Aug. 31 Adjusting J1 € 600 € 600

Mortgage Payable No. 275

Date Explanation Ref. Debit Credit Balance
Aug. 31 Balance € 80.000

Common Stock No. 311

Date Explanation Ref. Debit Credit Balance
Aug. 31 Balance € 100.000

Dividends No. 332

Date Explanation Ref. Debit Credit Balance
Aug. 31 Balance € 5.000

Rent Revenue No. 429

Date Explanation Ref. Debit Credit Balance
Aug. 31 Balance € 80.000
Aug. 31 Adjusting J1 € 4.100 € 84.100
Aug. 31 Adjusting J1 € 3.700 € 87.800

Depreciation Expense No. 711

Date Explanation Ref. Debit Credit Balance
Aug. 31 Adjusting J1 € 1.125 € 1.125
Aug. 31 Adjusting J1 € 1.050 € 2.175

Maintenance Repairs Expense No. 622

Date Explanation Ref. Debit Credit Balance
Aug. 31 Balance € 3.600
Supplies Expense No. 631
Date Explanation Ref. Debit Credit Balance
Aug. 31 Adjusting J1 € 2.400 € 2.400

Interest Expense No. 718

Date Explanation Ref. Debit Credit Balance
Aug. 31 Adjusting J1 € 600 € 600

Insurance Expense No. 722

Date Explanation Ref. Debit Credit Balance
Aug. 31 Adjusting J1 € 1.200 € 1.200

Salaries and Wages Expense No. 726

Date Explanation Ref. Debit Credit Balance
Aug. 31 Balance € 51.000
Aug. 31 Adjusting J1 € 400 € 51.400

Utilities Expense No. 732

Date Explanation Ref. Debit Credit Balance
Aug. 31 Balance € 9.400

(c) Trial Balance

Lazy River Resort Ltd.

Adjusted Trial Balance
31 August 2017
Debit Credit
Cash € 19.600
Account Receivable € 3.700
Supplies € 900
Prepared Insurance € 4.800
Land € 25.000
Buildings € 125.000
Accumulated Depreciation Buildings € 1.125
Equipment € 26.000
Accumulated Depreciation Equipment € 1.050
Accounts Payable € 6.500
Unearned Revenue € 3.300
Salaries Payable € 400
Interest Payable € 600
Mortgage Payable € 80.000
Common Stock € 100.000
 Dividends € 5.000
Rent Revenue € 87.800
Depreciation Expense € 2.175
Maintenance Repairs Expense € 3.600
Supplies Expense € 2.400
Interest Expense € 600
Insurance Expense € 1.200
Salaries Expense € 51.400
Utilities Expense € 9.400
€ 280.775 € 280.775

(D) Income Statement

Lazy River Resort Ltd.

For the three months ended August 31, 2017
Revenue:
Rent Revenue € 87.800 (a)
Expense:
Depreciation Expense € 2.175
Repair Expense € 3.600
Supplies Expense € 2.400
Interest Expense € 600
Insurance Expense € 1.200
Salaries Expense € 51.400
Utilities Expense € 9.400
Total Expense € 70.775 (b)
Net Income € 17.025 (a-b)

Laporan Laba Ditahan

Lazy River Resort Ltd.

For the three months ended August 31, 2017
Retained earnings, June 1
Add: Net Income € 17.025
Less: Dividends € 5.000
Retained earnings, August 31 € 12.025
P3-5A On September 1, 2017, the account balance of Beck Equipment Repair, Ltd. werw as follows.

No. Debit No. Credit

101 Cash £ 5,020 158 Accumulated-Depreciation-Equipment £ 2,240
112 Account Receivable 3,520 201 Account Payable 3,400
126 Supplies 2,000 209 Unearned Service Revenue 1,400
157 Equipment 18,000 212 Salaries and Wages Payable 500
311 Share Capital-Ordinary 10,000
320 Retained Earnings 11,000
£ 28,540 £ 28,540

During September, the following summary transaction were competed.

Sep. 8 Paid £1,700 for salaries due employess, of witch 1,200 for September salaries.
10 Received 1,200 cash from customers on account.
12 Received 3,400 cash for services performend in September.
15 Phurcased store equipment on account 1,900
17 Phurcased supplies on account 1,900
20 Paid creditors 4,500 on account.
22 Paid September Rent 500
25 Paid salaries 1,360.
27 Performed service on account and billed customers 1,600 for those services.
29 Received 750 from customers for future service.
Adjustment data consist of:
1. Supplies on hand 1,700
2. Accured salaries payable 400.
3. Depreciation is 140 per Month.
4. Service related to unearned service revenue of 1,450 were performed.
Instructions

(a) Enter the September 1 balances in the ledger accounts.

(b) Journalize the September transactions.
(c) Post the ledger accounts. Use J1for the posting reference. Use the following additional accounts:
No. 400 Service Revenue, No. 631 Supplies Expense, No. 711 Depreciation Expense, No. 726
Salaries and Wages Expense, and No. 729 Rent Expense.
(d) Prepare a trial balance at September 30.
(e) Journalize and post adjusting entries.
(f) Prepare an adjusted trial balance.
(g) Prepare an income statement and a retained earnings statement fo September and a statement
of financial position at September 30.
Jawab:

(a) dan (c)

Cash No. 101

Date Explanation Ref. Debit Credit Balance
2017, Sep. 1 Balance √ £ 5.020
8 J1 £ 1.700 £ 3.320
10 J1 £ 1.200 £ 4.520
12 J1 £ 3.400 £ 7.920
20 J1 £ 4.500 £ 3.420
22 J1 £ 500 £ 2.920
25 J1 £ 1.360 £ 1.560
29 J1 £ 750 £ 2.310

Accounts Receivable No. 101

Date Explanation Ref. Debit Credit Balance
2017, Sep. 1 Balance √ £ 3.520
10 J1 £ 1.200 £ 2.320
27 J1 £ 1.600 £ 3.920

Supplies No. 126

Date Explanation Ref. Debit Credit Balance
2017, Sep. 1 Balance √ £ 2.000
17 J1 £ 1.900 £ 3.900
30 Adjusting J1 £ 1.200 £ 2.700

Equipment No. 157

Date Explanation Ref. Debit Credit Balance
2017, Sep. 1 Balance √ £ 8.000
15 J1 £ 1.900 £ 9.900

Accumulated Depreciation Equipment No. 158

Date Explanation Ref. Debit Credit Balance
2017, Sep. 1 Balance √ £ 2.240
30 Adjusting J1 £ 150 £ 2.390

Accounts Payable No. 201

Date Explanation Ref. Debit Credit Balance
2017, Sep. 1 Balance √ £ 3.400
15 J1 £ 1.900 £ 1.500
17 J1 £ 1.900 -£ 400
20 J1 £ 4.500 £ 4.100
Unearned Service Revenue No. 209
Date Explanation Ref. Debit Credit Balance
2017, Sep. 1 Balance √ £ 1.400
17 J1 £ 1.900 £ 3.300
27 J1 £ 1.400 £ 1.900
29 J1 £ 750 £ 1.150

Salaries and Wages Payable No. 212

Date Explanation Ref. Debit Credit Balance
2017, Sep. 1 Balance √ £ 500
8 J1 £ 1.700 £ 2.200

Share Capital-Ordinary No. 311

Date Explanation Ref. Debit Credit Balance
2017, Sep. 1 Balance √ £ 10.000

Retained Earnings No. 320

Date Explanation Ref. Debit Credit Balance
2017, Sep. 1 Balance √ £ 11.000

(b) Jurnal

GENERAL JURNAL
Tanggal Judul akun dan penjelasannya Debit Kredit
08-Sep Salaries and Wages expense (1700-1200) £ 500
Salaries and Wages payable £ 1.200
Cash £ 1.700

10-Sep Cash £ 1.200

Accounts Receivable £ 1.200

12-Sep Cash £ 3.400

Service Revenue £ 3.400

15-Sep Equipment £ 1.900

Accounts payable £ 1.900

17-Sep Supplies £ 1.900

Accounts payable £ 1.900
20-Sep Accounts payable £ 4.500
Cash £ 4.500

22-Sep Rent Expense £ 500

Cash £ 500

25-Sep Salaries and Wages Expense £ 1.360

Cash £ 1.360

27-Sep Accounts Receivable £ 1.600

Service Revenue £ 1.600

29-Sep Cash £ 750

Unearned service revenue £ 750

(d) Trial Balance

Beck Equipment, Ltd.

Adjusted Trial Balance
30 September 2017
Debit Credit
Cash £ 5.020
Account Receivable £ 3.520
Salaries and Wages expense £ 500
Rent Expense £ 500
Supplies £ 2.700
Equipment £ 8.000
Devidens Capital £ 10.000
Accumulated Depreciation Equipment £ 2.390
Accounts Payable £ 4.100
Service Revenue £ 1.600
Unearned Revenue £ 2.150
£ 20.240 £ 20.240