income statement Parker Sid Debit credit NCI Consol

sales 260,000 80,000 340,000

dividend income 19,000 19,000 -
total revenue 279,000 80,000 340,000
cogs 130,000 40,000 170,000
other expense 20,000 14,000 34,000
total cost and expense 150,000 54,000 204,000 1.
net income 129,000 26,000 136,000
NCI 1,300 1,300
Net income 129,000 26,000 19,000 1,300 134,700 2.

RE statement Parker Sid Debit credit NCI Consol

Re 1/1- Parker 40,000 40,000
Re 1/1- Sid 23,000 23,000 0
net income 129,000 26,000 19,000 1,300 134,700
Dividend declare 20,000 20,000 19,000 1,000 20,000
RE 31/12 149,000 29,000 42,000 19,000 300 154,700 3.

SOFP
Assets Parker Sid Debit credit NCI Consol
cash 62,000 30,000 92,000
account receivable 32,000 29,000 61,000
inventory 30,000 16,000 46,000
investment in Sid 160,000 0 160,000 0
different IV and BV 15,421 15,421 -
PPE 105,000 82,000 187,000
Land 29,000 34,000 63,000
Goodwill 15,421 15,421
Total assets 418,000 191,000 464,421

Liability and equity

Account payable 19,000 12,000 31,000
other liability 10,000 20,000 30,000
common stock
CS- P 180,000 180,000
CS-S 120,000 120,000 0
other contributed capital
OCC-P 60,000 60,000
OCC-S 10,000 10,000 0
RE 149,000 29,000 42,000 19,000 300 154,700
Noncontrolling Interest 1/1 8,421
Noncontroling interest 31/12 8,721
total liability and equity 418,000 191,000 202,842 194,421 8,721 464,421
IV 168,421
BV 153,000
Diff 15,421
NCI 8,421

Jurnal Eliminasi Dividend Income

Dividend Income 19,000
Dividend Declare 19,000
Jurnal Eliminasi Investment
CS-S 120,000
OCC-S 10,000
RE 23,000
Diff 15,421
NCI 8,421
Investment in Sid 160,000

Jurnal Alokasi Different

Goodwil 15,421
Diff betw IV&BV 15,421
income statement Parker Sid Debit Credit NCI Consol
sales 240,000 120,000 360,000
dividend income 19,000 19,000 -
total revenue 259,000 120,000 360,000
cogs 155,000 52,000 207,000
other expense 30,000 18,000 48,000
total cost and expense 185,000 70,000 255,000
net income 74,000 50,000 105,000
NCI 2,500 2,500
Net income 74,000 50,000 19,000 2,500 102,500

RE statement Parker Sid Debit Credit NCI Consol

Re 1/1- Parker 149,000 5,700 154,700
Re 1/1- Sid 29,000 29,000 0
net income 74,000 50,000 19,000 2,500 102,500
Dividend declare 20,000 20,000 19,000 1,000 20,000
RE 31/12 203,000 59,000 48,000 24,700 1,500 237,200

SOFP
Assets Parker Sid Debit Credit NCI Consol
cash 67,000 16,000 83,000
account receivable 56,000 32,000 88,000
inventory 38,000 48,500 86,500
investment in Sid 160,000 0 5,700 165,700 0
different IV and BV 15,421 15,421 -
PPE 124,000 80,000 204,000
Land 29,000 34,000 63,000
Goodwill 15,421 15,421
Total assets 474,000 210,500 539,921

Liability and equity

Account payable 16,000 7,000 23,000
other liability 15,000 14,500 29,500
common stock 180,000 120,000 120,000 180,000
other contributed capital 60,000 10,000 10,000 60,000
RE 203,000 59,000 48,000 24,700 1,500 237,200
Noncontrolling Interest 1/1 8,721
Noncontroling interest 31/12 10,221
total liability and equity 474,000 210,500 214,542 205,821 10,221 539,921
IV 168,421
BV 153,000
Diff 15,421
NCI 8,421

Jurnal Penyesuaian Investasi awal tahun

Investment in Sid 5700
R/E Parent 5,700

Jurnal Eliminasi Dividend

Dividend Income 19,000
Dividend Declare 19,000

Jurnal Eliminasi Investment

CS-S 120,000
OCC-S 10,000
RE 29,000
Diff 15,421
NCI 8,721
Investment in Sid 165,700

Jurnal Alokasi Diff

Goodwil 15,421
Diff betw IV&BV 15,421
Income statement Place Shaw Debit Credit NCI Consol
Sales 550,000 280,000 830,000
Dividend income 20,240 20,240 -
Total revenue 570,240 280,000 830,000
COGS
beginning inventory 70,000 50,000 120,000
Purchase 240,000 150,000 390,000
Ending inventory - 25,000 - 15,000 - 40,000
COGS 285,000 185,000 470,000
Gross profit 285,240 95,000 360,000
selling expense 28,000 20,000 48,000
other expense 15,000 13,000 28,000
Net Income 242,240 62,000 284,000
NCI 4,960 4,960
Net Income 242,240 62,000 20,240 4,960 279,040

Retained earning
Retained earning Place Shaw
RE-Place 225,000 225,000
RE-Shaw 170,000 170,000 -
Net income 242,240 62,000 20,240 4,960 279,040
Dividend declare 35,000 22,000 20,240 1,760 35,000
Retained earning 31/12 432,240 210,000 190,240 20,240 3,200 469,040

SOFP
Cash 80,350 87,000 167,350
Account receivable 200,000 210,000 15,000 395,000
inventory 25,000 15,000 40,000
Investment in Shaw 400,000 400,000 -
plant assets 300,000 200,000 15,783 515,783
Different 15,783 15,783 -
Total assets 1,005,350 512,000 1,118,133

Account and notes payable 99,110 38,000 15,000 122,110

Other Liabilities 45,000 15,000 60,000
Common stock -
CS-Place 150,000 150,000
CS-Shaw 100,000 100,000 -
Other contributed Capital
OCC-Place 279,000 279,000
OCC-Shaw 149,000 149,000 -
Retained earning 432,240 210,000 190,240 20,240 3,200 469,040
NCI 1/1 34,783
NCI 31/12 37,983
Total Libilities& Equity 1,005,350 512,000 1,118,133
IV 434,783
BV 419,000
Diff 15,783
NCI 34,783

Jurnal Eliminasi Dividend Income

Dividend Income 20,240
Dividend Declare 20,240
Jurnal Eliminasi Investment
CS-S 100,000
OCC-S 149,000
RE 170,000
Diff 15,783
NCI 34,783
Investment in Sid 400,000

Jurnal Alokasi Different

Plant Assets 15,783
Diff betw IV&BV 15,783

Notes Payable 15,000

A/R 15,000
Income statement Price Score Debit Credit NCI Consol
Sales 1,420,000 500,000 1,920,000
Dividend and interest income 52,500 0 60,000 112,500
Total revenue 1,472,500 500,000 2,032,500
cogs 822,000 242,000 1,064,000
Gross Profit 650,500 258,000 968,500
Operating Expense 250,500 124,000 7,500 367,000
net income 400,000 134,000 601,500
NCI 13,400 13,400
Net income 400,000 134,000 60,000 7,500 13,400 588,100

Retained earning Price Score

RE-Price 687,000 687,000
RE-Score 210,000 210,000 -
Net income 400,000 134,000 60,000 7,500 13,400 588,100
Dividend declare 70,000 50,000 52,500 5,000 62,500
Retained earning 31/12 1,017,000 294,000 270,000 60,000 8,400 1,212,600

SOFP
Cash 109,000 78,000 187,000
Account receivable 166,000 94,000 260,000
Notes Receivable 75,000 75,000 -
inventory 309,000 158,000 467,000
Investment in Score 450,000 450,000 -
PPE 940,000 420,000 1,360,000
Land 160,000 70,000 230,000
Goodwill 50,000 50,000
Different 50,000 50,000 -
Total assets 2,209,000 820,000 2,554,000

Account Payable 132,000 46,000 178,000

Notes Payable 300,000 120,000 75,000 345,000
Common stock
CS-Price 500,000 500,000
CS-Score 200,000 200,000 -
Other contributed Capital
OCC-Price 260,000 260,000
OCC-Score 160,000 160,000 -
Retained earning 1,017,000 294,000 270,000 60,000 8,400 1,212,600
NCI 1/1 50,000
NCI 31/12 58,400
Total Libilities& Equity 2,209,000 820,000 2,554,000
IV 500,000
BV 450,000
Diff 50,000
NCI 50,000

Jurnal Eliminasi Dividend Income

Dividend Income 52,500
Dividend Declare 52,500

Jurnal Eliminasi Investment

CS-S 200,000
OCC-S 160,000
RE 210,000
Diff 50,000
NCI 50,000
Investment in Score 450,000
620,000
Jurnal Alokasi Different
Goodwil 50,000
Diff betw IV&BV 50,000

Notes Payable - Score 75,000

Notes Receivable - Price 75,000

Interest Revenue 7,500

Interest Exp 7,500