PROBLEMS

Consolidatiaon adjustments and worksheets

The trial for FIRE and WALL as of 31 Desember 20X3 are as follows:

FIRE W
aa Debit Credit Debit
Cash $ 19,800 $
Account receivable 32,000
Inventory 330,000
Land 160,000
Buildings and equipment 680,000
Investment in WALL, at cost 196,000
Cost of goods sold 372,000
Depreciation 40,000
Interest expense 32,000
Other expenses (including tax) 44,850
Dividends declared 60,000
Accumulated depreciation $ 280,000
Accounts payable 184,800
Bonds payable 400,000
Bond premium
Share capital 240,000
Retained earnings 241,600
Sales 520,000
Other income 79,250
Dividend income from subsidiary 21,000
Total 1,966,650 1,966,650

Additional information:
(a) On 1 January 20x2, FIRE purchased 70% of WALL's ordinary shares. At the date of acquisition, share cap
$160,000 and retained earnings were $40,000.
(i) The excess of the acquisition price over the underlying book value was assigned to:
- Buildings that had a fair value of $40,000 greater than book value and remaining usefu
1 Januar 20x2; and
- Goodwill. Goodwill impairment amounting to 20% of its original cost was recognized
(ii) Fair value of WALL as at acquisition date was $280,000. Non-controlling interests as at 1 Januar
proportionate share in the fair value of WALL as at that date.
(b) During 20x2, the following transactions arose:
(i) WALL purchased inventory for $64,000 and sold it to FIRE for $96,000. FIRE resold $54,000 o
20x3, while the balance of $42,000 remained unsold as at 31 December 20x3.
(ii)
FIRE sold the buillding that it originally purchased for $40,000 to WALL for $64,000. Accumul
the date of sale was $8,000. Estimated useful life at date of original purchase was ten years and a
was eight years. WALL had recognized a full year's depreciation on the building in 20x2
 (c) During 20x3, FIRE sold inventory purchased for $120,000 to WALL for $180,000. WALL resold 40% of t
20x3
(d) Tax rate was 20%. Recognize tax effects where appropriate

Required:
1. Show all consolidation adjustment and elimination entries for the year ended 31 December 20x3.
2. Perform an analytical check on the non-controlling interests in WALL as at 31 December 20x3.
3. Prepare the consolidation worksheets for FIRE and WALL for the year ended 31 December 20x3.
4.
Determine the following amounts for 20x3 analytically and compare with the amounts in your consolidatio
(a) Consolidated cost of sales
(b) Consolidated depeciation expense
(c) Consolidated inventory balance
(d) Consolidated carrying amount of buildings and equipment
(e) Consolidated retained earnings.

Jawaban Soal: DTL = Deffered Tax Liabilities NCI

Kepemilikan saham (280.000 x 70%) 196,000

NCI 84,000
Aset bersih yang dapat diidentifikasi - 240,000
Modal saham 160,000
Laba Ditahan 40,000
bangunan 40,000
Kewajiban pajak tangguhan (20% x bangunan) 8,000
Goodwill (156.000 + 84.000 - 240.000 + 8.000) 48,000

1. jurnal eliminasi CJE 1

Modal Saham 160,000
Laba ditahan 40,000
Bangunan 40,000
Goodwill 48,000
Investasi pada Wall 196,000
NCI 84,000
DTL 8,000

2. Impairment Goodwill CJE 2

Laba ditahan (awal) 6,720 (70% x (20% x 48.000))
NCI 2,880 (30% x (20% x 48.000))
Goodwill 9,600

3. Beban penyusutan CJE 3

Laba ditahan (awal) 2,800 ((40.000/10) x 70%)
NCI 1,200 ((40.000/10) x 30%)
Beban depresiasi 4,000
Akumulasi depresiasi 8,000

4. Realisasi DTL CJE 4

DTL 1,600
Laba ditahan (awal) 560 ((4.000/5) x 70%)
NCI 240 ((4.000/5) x 30%)
Beban pajak 800

5. Kenaikan hak NCI dari tanggal akuisisi 1 januari 20x2 (CJE 5)

Laba ditahan (awal) 18,000
NCI 18000
18.000 = (30% x [RE 1 Jan. 20x3 - RE 1 Jan 20x2)
18.000 = (30% x [100.0000 - 40.000])
18.000 = (30% x 60.000)

6. Eliminasi Deviden CJE 6

Pendapatan deviden 21,000
NCI 9,000 (30% x 30.000)
Deviden 30000

7. Penyesuaian laba belum terealisasi atas penjualan anak ke induk CJE 7

Laba ditahan 22,400 70% x (96.000 -64.000)
NCI 9,600 30% x (96.000 - 64.000)
HPP 18,000 (54.000/96.000 x 32.000)
Persediaan 14,000 (42.000/96.000 x 32.000)

8. Pajak atas CJE 7 CJE 8

Beban pajak 3,600 (20% x 18.000)
aktiva pajak tangguhan 2,800 (20% x 14.000)
Laba ditahan 4480 (20% x 22.400)
NCI 1920 (20% x 9.600)

9. penyesuaian laba belum terealisasi penjualan dari induk ke anak atas bangunan (CJE 9)
Laba ditahan 32,000
Bangunan 24,000 (64.000 - 20.000)
Akumulasi depresiasi 8,000

CJE 10. Pajak atas CJE 9

Aktiva Pajak Tangguhan 6,400
Laba ditahan 6,400
*6,400 = 20%*32,000
CJE 11. Penyesuaian atas kelebihan beban depresiasi
Akumulasi Depresiasi 8,000
Laba ditahan 4,000
Beban penyusutan 4,000
*8,000 = 64,000/8
** 4,000 = 40,000/10

CJE 12. Pajak atas CJE.11

Laba ditahan 800
Beban Pajak 800
Aktiva pajak tangguhan 1,600
*800 = 20% x 4,000

CJE 13 Penyesuaian laba belum terealisasi penjualan dari induk ke anak atas persediaan
Penjualan 180,000
HPP 144,000
Persediaan 36,000
*36,000 = 60% x (180,000 - 120,000)

CJE 14. Pajak Atas CJE 13

Aktiva pajak tangguhan 7,200
Beban Pajak 7,200
*7,200 = 20% x 36,000

Kenaikan Laba Kepemilikan Non Pengendali

Pendapatan dari kepemilikan non pengenda 17,760
NCI 17,760
Penjualan 250,000
HPP (159,600)
Depresiasi (30,000)
Beban Bunga (10,400)
Beban lainnya (52,000)
Pendapatan lainnya 50,000
Pendapatan bersih setelah pajak 48,000

Pendapatan bersih setelah pajak 48,000

Depresiasi bangunan (4,000)
Pajak bangunan 800
Laba CJE 7 18,000
Pajak CJE 7 (3,600)
Kenaikan laba 59,200
*Pendapatan dari kep30% x 59,200 17,760

1. Kepemilikan Non Pengendali Goodwill

Laba Ditahan 40000
Modal saham 160000
Bangunan dan Peralatan 40000
Utang Pajak Ditanggu
-8000
20% x 40000

Kepemilikan Non Pengendali Goodwill = Kepemilikan Non Pengendali - ( SNA x Kepemilikan )

Saldo Goodwill Belum Disesuaikan 48000
Kepemilikan Non Pengendali Goodwill = Kepemilikan N -9600
30% x 38400 11520

2. FV Difference
Keuntungan yang belum direalisasi dari penjualan kotor -14000
efek pajak 2800
Penyesuaian FV yang tidak diamortisasi (setelah pajak) 40000
8000
Keuntungan yang belum direalisasi dari penjualan bersih 32000
efek pajak 6400
Penyesuaian FV yang tidak diamortisasi (setelah pajak)
Kepemilikan Non Pengendali = 30% x 14400 4320

3. Ekuitas (modal saham + (laba ditahan anak perusahaan 31 desember 20x3 + laba bersih setelah pajak) - dividen
Modal saham awal 160000
Laba ditahan 100000
laba bersih setelah pajak 48000
dividen -30000 118000
modal saham akhir 278000
Kepemilikan Non Pengendali = 30% x 278000 83400

TOTAL KEPEMILIKAN NON PENGENDALI 99240

232000
 WALL
Debit Credit
3,200
38,000
170,000
80000
520,000

159,600
30,000
10,400
52,000
30,000
$ 160,000
70,000
300,000
3,200
160,000
100,000
250,000
50,000

1,093,200 1,093,200

f acquisition, share capital of WALL was

ue and remaining useful life of ten yars from

al cost was recognized in 20x2.

interests as at 1 January 20x2 had a

FIRE resold $54,000 of the inventory during

0x3.

for $64,000. Accumulated depreciation at

ase was ten years and at the date of resale
uilding in 20x2
WALL resold 40% of the inventory during

cember 20x3.
mber 20x3.
ecember 20x3.

nts in your consolidation worksheets in 3:

ak) - dividen
 Fire dan Anak Perusahaan
Lembar Kerja Laporan Posisi Keuangan Konsolidasi
31 Desember 20X3
Penyesuaian Konsolidasi
Keterangan Fire Wall
Debit
Kas $ 19,800 3,200
Piutang usaha 32,000.00 38,000
Aset Pajak Tangguhan
Penyesuaian cje 8 2,800
cje 10 6,400
cje 12
cje 14 7,200
Persediaan 330,000 170,000
keuntungan yang belum direalisasi atas penjualan kotor
keuntungan yang belum direalisasi atas penjualan bersih
Tanah 160,000 80,000
Bangunan dan peralatan 680,000 520,000
cje 1 40,000
cje9: keuntungan yang belum direalisasi (bangunan)
Akumulasi penyusutan -280,000 -160,000
cje9: keuntungan yang belum direalisasi (bangunan)
cje 3:
cje11: adj kelebihan depresiasi 8,000
Investasi di Wall 196,000
Eliminasi
Goodwill 48,000
cje2: Impairment Goodwill
total aset 1,137,800 651,200 112,400
Modal Saham 240,000 160,000
cje1 160,000
Laba Ditahan
Penyesuaian 313,000 118,000
Kepemilikan non Pengendali 349,880
cje1
cje2
cje3 2,880
cje4 1,200
cje5
cje6
cje7 9,000
cje8 9,600
cje15
Hutang obligasi
Premi obligasi 400,000 300,000
Utang Pajak Ditangguhkan (cje1 & cje4) 3,200
total kewajiban dan ekuitas 1,600
esuaian Konsolidasi
Total Konsolidasi
Kredit
23,000
70,000
14,800

1,600

14,000
36,000 450,000
240,000

24,000
-448,000
8,000
8,000

196,000

9,600 38,400
297,200 1,604,200

240,000

300,560
219,440
99,240
84,000

240
180,000

1,920
17,760
700,000
3,200
8,000 6,400
 FIRE AND SUBSUDIARY
WORKSHEET CONSOLIDATION STATEMENT OF FINANCIAL POSITION
31 DESEMBER 20X3
Konsolidasi
FIRE WALL
Dr Cr
Kas 19800 3200
Piutang 32000 38000
Persediaan 330000 170000
cje7 : Keuntungan yang belum direalisasi dari penjualan kotor 14000
cje13 : Keuntungan yang belum direalisasi dari penjualan bersih 36000
Tanah 160000 80000
Gedung dan peralatan 680000 520000
cje9 : Laba belum direalisasikan ( Bangunan) 24000
Investasi pada PT. Wall 196000
cje1 : eliminasi investasi 196000
Goodwill 48000
cje2 : Impairment Goodwill 9600
Akumulasi Depresiasi -280000 -160000
cje9 : Laba Belum direalisasikan ( Bangunan) 8000
cje11 : Adj Kelebihan Depresiasi 8000
TOTAL 1137.8 651200

Modal Saham 240000 160000

cje1 160000
Laba Ditahan 229920 68400
Utang 184800 70000
Utang Obligasi 400000 300000
Premi Obligasi 3200
Utang Pajak Ditangguhkan ( cje1 & cje4) 1600 8000
C
cje1 8400
cje2 2800
cje3 1200
cje4 240
cje5 18000
cje6 9000
cje7 9600
cje8 1920
cje15 17760
TOTAL 1054.72 441600
ION

Total Konsolidasi
23000
70000

450000
240000

1176000

38400

-440000
1557400

240000

254800
700000
3200
6400

99240
1204400
1. Harga barang yang dijual 31 Desember 20x3
Fire 372000
Wall 159600
531600
Dikurangi
CJE7 (Penyesuaian laba belum terealisasi atas penjualan anak ke induk) -18000
CJE13 (Penyesuaian laba belum terealisasi atas penjualan anak atas persediaan) -144000
Konsolidasi 369600

2. Depreciation expense as at 31 Desember 20x3

Fire 40000
Wall 30000
70000
Ditambah
CJE3 (Beban Penyusutan) 4000
Dikurangi
CJE11 (Penyesuaian atas kelebihan beban depresiasi -4000
Konsolidasi 70000

3. Inventory as at 31 Desember 20x3

Fire 330000
Wall 170000
500000
Dikurangi
CJE7 (Penyesuaian laba belum terealisasi atas penjualan anak ke induk) -14000
CJE13 (Penyesuaian laba belum terealisasi atas penjualan anak atas persediaan) -36000
Konsolidasi 450000

4. Buildings and equipment as at 31 Desember 20x3

Fire 680000
Wall 520000
1200000
Dikurangi
CJE9 (Penyesuaian laba belum terealisasi penjualan dari induk ke anak atas bangunan) -24000
Konsolidasi 1176000
 fire wall Konsolidasi penyesuaian
Debet Kredit
penjualan 520,000 250,000 180,000
harga pokok penjualan - 372,000 - 159,600 18,000
144,000
keuntungan kotor 148,000 90,400
pendapatan lainnya 79,250 50,000
pendapatan dividen dari dinding 21,000
eliminasi dividen 21,000
beban penyusutan - 40,000 - 30,000
Penyesuaian Bangunan 4,000
Penyesuaian Bangunan 4,000
Beban Bunga - 32,000 - 10,400
Biaya Lainnya - 44,850 - 52,000
Efek penyesuaian pajak 800
3,600
800
Laba bersih setelah pajak 7,200
Penghasilan di NCI - 17,760
131,400 48,000
Dividen diumumkan - 60,000 - 30,000
Eliminasi dividen diumumkan 30,000
Laba ditahan 71,400 18,000
Laba ditahan1 Jan 20x3 241,600 100,000
RE Perolehan aset 40,000
impairment goddwill 6,720
Meningkatkan dep FA 2,800
Realisasi DTL 560
Kenaikan hak NCI 18,000
Laba yang belum direalisasi 22,400
Pajak atas laba yang belum direalisasikan 4,480
Keuntungan yang belum direalisasikan 32,000
Pajak atas laba yang belum direalisasikan 6,400
Adj kelebihan depresiasi 4,000
pajak atas adj kelebihan depresiasi 800
Laba ditahan 31 Desember 20x3 313,000 118,000 349,880 219,440
 Total Konsolidasi

590,000
- 369,600
220,400

129,250

- 70,000

- 42,400
- 96,850

3,600
144,000

- 17,760
126,240
- 60,000

66,240

234,320

300,560
 Fire and Subsidiary
Kertas Kerja Konsolidasi
Perode 31 December 20X3
Konsolidasi
Fire Well
Debet Kredit
Penjualan 520000 250000 180000
HPP -372000 159600 18000
144000
Laba Kotor 148000 90400
Depresiasi -40000 -30000 4000 4000
Beban Bunga -32000 -10400
Beban Lain - lain (Termasuk Pajak) -44850 -52000

Pendapatan Lain - lain 79520 50000

Pendapatan Deviden 21000
cje8 : Eliminasi Deviden 21000
Beban Pajak 800 800
7200
3600
131400 48000
Laba Sebelum Pajak 79250 50000
Pajak (20%) -15850 -10000

Laba Setelah Pajak 63400 40000

cje 15 : Pendapatan Kepemilikan Non Pengendali 17760

Deviden Diumumkan -60000 -30000

cje6 : Eliminasi Devide Diumumkan 30000
Profit Retained 3400 10000
Laba Ditahan, 1 Jan 201600 60000
cje1 : Laba Ditahan Atas Perolehan Aset 40000
cje2 : Impairment Goodwill 6720
cje3 : Kenaikan Depresiasi FA 2800
cje4 : Realisasi Pajak Ditangguhkan 560
cje5 : Kenaikan Hak Kepemilikan Non Pengendali 18000
cje8 : Pajak Atas cje7 4480
cje9 : Laba Belum Direalisasikan (Bangunan) 32000
cje10 : Pajak Atas cje9 6400
cje11 : Penyesuaian Kelebihan Depresiasi 4000
cje12 : Pajak Atas cje11 800
Laba Ditahan, 31 Des 205000 70000

Fire and Subsidiary

 Worksheet Consolidation Statement of Financial Position
31 December 20X3
Consolidadation Adj
Fire Wall
Dr Cr
Kas 19800 3200
Piutang 32000 38000
Persediaan 330000 170000
cje7 : Keuntungan yang belum direalisasi dari laba kotor 14000
cje 13 : Keutungan yang belum direalisasi dari laba bersih 36000
Tanah 160000 80000
Bangunan dan Peralatan 680000 520000
cje9 : Laba yang belum direalisasikan (bagunan) 24000
Investasi pada PT.Wall 196000
cje1 : eliminasi investasi 196000
goodwill 48000
cje2 : impairment goodwill 9600
Akumulasi depresiasi -280000 -160000
cje9 : Laba yang belum direalisasi (bagunan) 8000
cje11 : Penyesuaian kelebihan depresiasi 8000
TOTAL 1137800 651200

Modal saham 240000 160000

cje1 160000
Laba ditahan 229920 68400
Utang 184800 70000
Utang obligasi 400000 300000
Premi Obligasi 3200
Utang Pajak Ditangguhkan (cje1 & cje4) 1600 8000
C
cje1 84000
cje2 2880
cje3 1200
cje4 240
cje5 18000
cje6 9000
cje7 9600
cje8 1920
cje15 17760
TOTAL 1054720 441600
Total Konsolidasi

590000
-369600

220400
-70000
-42400

129250

25850
25850
-17760
-43610

-60000
-103610

176720
73110
Consolidation Total

23000
70000

450000
240000

1176000

38400

-440000
1557400

240000

254800
700000
3200
6400

99240
1204400