Jurnal Pembelian Investasi

Investment in S Company $ 3,600,000

Cash

Price paid $ 3,600,000

%Acquared 90%
Implied Value $ 4,000,000
Book Value $ 4,500,000
Difference $ (500,000)

90% parent share

Purchases Price and implied value $ 3,600,000
less: book value of equity acquired
commont stock $ 1,350,000
retained earning $ 1,350,000
other contributed capital $ 1,350,000
Total book value $ 4,050,000
Difference batween implited and book value $ (450,000)

Point 4
Partial Equity Method Workpaper entries – Year 2018
1. Jurnal eliminasi divident
Equity in Subsidiary Income (85.000.000X 90%) $ 76,500,000
Dividends Declared (4.250.000*90%)
Investment in PT SA

2. jurnal Eliminasi investment and NCI

Beginning Retained Earnings ‑ PT SA . $ 1,500,000
Common Stock ‑ PT SA $ 1,500,000
other contributed capital $ 1,500,000
Difference between Implied and Book Value
Investment in PT SA
Noncontrolling Interest
$ 4,500,000
3. Jurnal eliminasi Realisasi unrealized profit
Beginning Retained Earning-PT PE
NCI in Equity
Beginning Inventory (COGS) No entery
4. Jurnal eliminasi penjualan dan pembelian
Sales 2,500,000
purchase (COGS)
5. jurnal eliminasi unrealized intercompany profit
Ending Inventory (COGS) 200,000
 Inventory (BS)

Partial Equity Method Workpaper entries – Year 2019

1. Jurnal penambahan RE dan nilai investment
Equity in Subsidiary Income (102.000.000 X 90%) $ 91,800,000
Dividends Declared (7.140.000*90%)
Investment in PT SA
$ 102,000,000
2. jurnal Eliminasi investment and NCI
Beginning Retained Earnings ‑ PT SA . $ 82,250,000
Common Stock ‑ PT SA $ 1,500,000
other contributed capital $ 1,500,000
Difference between Implied and Book Value
Investment in PT SA
Noncontrolling Interest
$ 85,250,000

3. Jurnal eliminasi Realisasi unrealized profit

Beginning Retained Earning-PT PE 600,000
Beginning Inventory (COGS)

4. Jurnal eliminasi penjualan dan pembelian

Sales 2,500,000
purchase (COGS)
5. jurnal eliminasi unrealized intercompany profit
Ending Inventory (COGS) 150,000
Inventory (BS)

Partial Equity Method Workpaper entries – Year 2020

1. Jurnal penambahan RE dan nilai investment
Equity in Subsidiary Income (117.300.000X 90%) $ 105,570,000
Dividends Declared (7.038.000*90%)
Investment in PT SA
$ 117,300,000
$ 7,038,000
2. jurnal Eliminasi investment and NCI
Beginning Retained Earnings ‑ PT SA . $ 177,110,000
Common Stock ‑ PT SA $ 1,500,000
other contributed capital $ 1,500,000
Difference between Implied and Book Value
Investment in PT SA
Noncontrolling Interest
$ 180,110,000
 3 Depreciation
acc depre of equipment $ 1,200,000
depre expense of equipment

4 gain on sale equipment $ 4,800,000

Equipment
acc depre of equipment

Partial Equity Method Workpaper entries – Year 2021

Jurnal penambahan RE dan nilai investment
Equity in Subsidiary Income (123.165.000X 90%) 110,848,500
Dividends Declared (246.330.000*90%)
Investment in PT SA

2.
jurnal Eliminasi investment and NCI
Beginning Retained Earnings ‑ PT SA . 287,372,000
Common Stock ‑ PT SA 1,500,000
other contributed capital 1,500,000
Difference between Implied and Book Value
Investment in PT SA
Noncontrolling Interest
290,372,000

3. beg RE $ 4,320,000
NCI $ 480,000
equipment
acc depre

4. acc depre of equipment 2,400,000

depre expense of equipment
beg RE
NCI

$ 3,600,000
10%non cotroling share
$ 400,000 $
$ 150,000
$ 150,000
$ 150,000
$ 450,000
$ (50,000)
Year 2018
$ 3,825,000
$ 72,675,000
$ 4,250,000
$ 500,000
$ 3,600,000
$ 400,000
$ 4,500,000
No entery
2,500,000
2018 Upstream S - P
2019
Intercompany sales
Intercompany COGS
Gross Profit
2019 Downstream P- S
2019
Intercompany sales
Intercompany COGS
total value Gross Profit
4,000,000
2020 Upstream S - P
$ 1,500,000
$ 1,500,000 Harga Perolehan PT SE
$ 1,500,000 Depreciation Equipment
$ 4,500,000 BV
$ (500,000) Harga Jual ke PT PE
Gain on sales of equipment
Nilai Equipment yang disesuaikan
Point 5
Complete Equity Method Workpaper entries – Y
1. Jurnal eliminasi divident
Equity in Subsidiary Income (85.000.000X 90%)
Dividends Declared (4.250.000*90%)
Investment in PT SA
2. jurnal Eliminasi investment and NCI
Beginning Retained Earnings ‑ PT SA .
Common Stock ‑ PT SA
other contributed capital
Difference between Implied and Book Value
Investment in PT SA
Noncontrolling Interest
3 Jurnal eliminasi Realisasi unrealized profit
Investment in - PT PE
NCI in Equity
Beginning Inventory (COGS)
4 Jurnal eliminasi penjualan dan pembelian
Sales
purchase (COGS)
5 jurnal eliminasi unrealized intercompany profit
Ending Inventory (COGS)
 200,000 Inventory (BS)

ear 2019 Complete Method Workpaper entries – Year 2

1. Jurnal penambahan RE dan nilai investment
Equity in Subsidiary Income (102.000.000 X 90%)
$ 6,426,000 Dividends Declared (7.140.000*90%)
$ 85,374,000 Investment in PT SA
$ 7,140,000
2. jurnal Eliminasi investment and NCI
Beginning Retained Earnings ‑ PT SA .
Common Stock ‑ PT SA
other contributed capital
$ 500,000 Difference between Implied and Book Value
$ 76,275,000 Investment in PT SA
$ 8,475,000 Noncontrolling Interest
$ 85,250,000
3. Jurnal eliminasi Realisasi unrealized profit
Investment in - PT PE
beginning inventory (COGS)
600,000
4. Jurnal eliminasi penjualan dan pembelian
Sales
purchase (COGS)
2,500,000
5. Jurnal eliminasi unrealized intercompany profit
Ending Inventory (COGS)
150,000 Inventory (BS)

ear 2020 Complete Equity Method Workpaper entries – Ye

1. Jurnal penambahan RE dan nilai investment
Equity in Subsidiary Income (117.300.000X 90%)
$ 6,334,200 Dividends Declared (7.038.000*90%)
$ 99,235,800 Investment in PT SA

2. jurnal Eliminasi investment and NCI

Beginning Retained Earnings ‑ PT SA .
Common Stock ‑ PT SA
other contributed capital
$ 500,000 Difference between Implied and Book Value
$ 161,649,000 Investment in PT SA
$ 17,961,000 Noncontrolling Interest
$ 180,110,000
3. Depreciation
 acc depre of equipment
depre expense of equipment
$ 1,200,000
4. gain on sale equipment
Equipment
$ 3,300,000 acc depre of equipment
$ 1,500,000

ear 2021 Partial Equity Method Workpaper entries – Year

1. Jurnal penambahan RE dan nilai investment
Equity in Subsidiary Income (123.165.000X 90%)
2,216,970 Dividends Declared (248.676.000*90%)
108,631,530 Investment in PT SA

2. jurnal Eliminasi investment and NCI

Beginning Retained Earnings ‑ PT SA .
Common Stock ‑ PT SA
other contributed capital
500,000 Difference between Implied and Book Value
260,884,800 Investment in PT SA
28,987,200 Noncontrolling Interest
290,372,000

3. beg RE
NCI
$ 1,500,000 equipment
acc depre

4. acc depre of equipment

1,200,000 depre expense of equipment
1,080,000 beg RE
120,000 NCI
 Total COGS Resold Inventory in hand
2,500,000 1,500,000 1,000,000
2,000,000 1,200,000 800,000
500,000 300,000 200,000

Total COGS Resold Inventory in hand

2,500,000 2,000,000 500,000
1,750,000 1,400,000 350,000
750,000 600,000 150,000

2,500,000 Depre seharusnya 250,000 Per tahun

1,500,000 Depre yang dicatat 1,450,000 Per tahun
1,000,000 adjustment depre 1,200,000 Per tahun
5,800,000
4,800,000 IV 2,000,000
3,300,000 NCI 448,000

Workpaper entries – Year 2018

$ 76,500,000
$ 3,825,000
$ 72,675,000
$ 76,500,000 $ 76,500,000

$ 1,500,000
$ 1,500,000
$ 1,500,000
Book Value $ 500,000
$ 3,600,000
$ 400,000
$ 4,500,000 $ 4,500,000
620,000 616,000
270,000
30,000
300,000

2,500,000
2,500,000

200,000
 200,000

orkpaper entries – Year 2019

$ 91,800,000
$ 6,426,000
$ 85,374,000

$ 82,250,000
$ 1,500,000
$ 1,500,000
Book Value $ 500,000
$ 76,275,000
$ 8,475,000
$ 85,250,000 $ 85,250,000

600,000
200,000

2,500,000
2,500,000

150,000
150,000

d Workpaper entries – Year 2020

$ 105,570,000
$ 6,334,200
$ 99,235,800
$ 105,570,000 $ 105,570,000

$ 96,360,000
$ 1,500,000
$ 1,500,000
Book Value $ 500,000
$ 88,974,000
$ 9,886,000
$ 99,360,000 $ 99,360,000
 $ 1,200,000
$ 1,200,000

$ 4,800,000
$ 3,300,000
$ 1,500,000

Workpaper entries – Year 2021

110,848,500
2,216,970
108,631,530
110,848,500 110,848,500

206,622,000
1,500,000
1,500,000
Book Value 500,000
188,209,800
20,912,200
209,622,000 209,622,000

$ 4,320,000
$ 480,000
$ 1,500,000

2,400,000
1,200,000
1,080,000
120,000