Jawaban:

A. 1 Jan 2015 - Jurnal Investasi Perusahaan Pioneer

Dr. Investment in Shipley Company $ 600,000
Cr. Equity in subsidiary income $ 600,000

Parent Share Non-Controlling Total Value

B. (80%) Share (20%)
Purchase value and implied value $ 600,000 $ 150,000 $ 750,000
Less: Book value of equity acquired $ 504,000 $ 126,000 $ 630,000
Difference between implied and
book value $ 96,000 $ 24,000 $ 120,000
Goodwill $ -96,000 $ -24,000 $ -120,000
- - -

31 Des 2015 - Jurnal Eliminasi

Dr. Common Stock - Shipley $ 220,000
Dr. OCC - Shipley $ 90,000
Dr. Retained Earning - Shipley $ 320,000
Dr. Difference between implied and book $ 120,000
Cr. Investment in Shipley Company $ 600,000
Cr. Non-controlling interest in equity $ 150,000

31 Des 2015 - Jurnal eliminasi dividen dari Shipley (Equity Method)

Dr. Equity in subsidiary income $ 256,000
Cr. Dividend Declared - Shipley $ 96,000
Cr. Investment in Shipley Company

31 Des 2015 - Jurnal eliminasi untuk selisih implied dan book value
Dr. Goodwill $ 120,000
Cr. Difference between implied and book value $ 120,000
A Proportionate share of report income ( $30.000 x 40%) 12,000
Amortization of differential assigned to :
Buldings and equiment ($35.000x 40% )/ 5 years 2,800
Goodwill ( $8.000 not impaired)
Investment Income 9,200

Assigment of differential
Purchase Price 150,000
Proportionate share of book value of net assets (40%) 128,000
Proportionate share of fair value of increase in
buldings and equipment (40% x 35.000) 14000
Goodwill 8,000

B Dividend Income 2015 (40% x 9,000) 3,600

C Equity Method Account Balance :

Balance 1 January 2015 150,000
Investment Income 9,200
Dividend Received 3,600
Balance 31 December 2015 155,600
Jawaban:
A. Computation and Allocation Schedule

Parent Share Non-

Controlling Total Value
(80%)
Share (20%)

Purchase value and implied value $ 570,000 $ 142,500 $ 712,500

Less: Book value of equity acquired
Capital - Skyler $ -120,000 $ -30,000 $ -150,000
Retained Earning $ -360,000 $ -90,000 $ -450,000

Difference between implied and book value $ 90,000 $ 22,500 $ 112,500

Inventories $ -60,000 $ -15,000 $ -75,000
Plant & Equipment $ -24,000 $ -6,000 $ -30,000
Balance 6,000 1,500 7,500
Goodwill - 6,000 - 1,500 - 7,500
- - -

* Diff Value on Inventories $ 75,000

* Diff Value on Plant & Equipment $ 30,000

B. 31 Des 2015 Jurnal Eliminasi dividen dan income

Dr. Equity in Subsidiary Income $ 144,000
Cr. Dividend Declared $ 72,000
Cr. Investment in Sand Company $ 72,000

31 Des 2015 Jurnal Eliminasi Akun Investment dan NCI

Dr. Beginning Retained Earning-Skyler $ 450,000
Dr. Capital - Skyler $ 150,000
Dr. Difference between implied and book value $ 112,500
Cr. Investment in Skyler Company $ 570,000
Cr. Non-controlling interest $ 142,500

31 Des 2015 Jurnal Eliminasi difference between implied and book value
Dr. Cost of Goods Sold $ 75,000
Dr. Depreciation Expense $ 3,000
Dr. Plant & Equipment (net) $ 27,000
Dr. Goodwill $ 7,500
Cr. Difference between implied and book value $ 112,500

C. Equity in Subsidiary Income

2015 Equity Subsidiary Income $ 144,000
D. Investment in Skyler Company
Cost of Investment $ 570,000
2015 Equity Income $ 144,000
2015 Dividend $ -72,000
2015 Depreciation and COGS $ -62,400
Investment Balance 31 Des 2015 $ 579,600