Latihan 1:

On June 10, Spinner Company purchased $10,000 of merchandise from Lawrence Company, FOB
shipping point, terms 2/10, n/30. Spinner pays the freight costs of $600 on June 11. Damaged goods
totaling $700 are returned to Lawrence for credit on June 12. The fair value of these goods is $300.
On June 19, Spinner pays Lawrence in full, less the purchase discount. Both companies use a
perpetual inventory system.

Instructions

(a) Prepare separate entries for each transaction on the books of Spinner Company.

Akun Debit Kredit

Persediaan barang dagang $10.000
Akun hutang $10.000

Akun Debit Kredit

Akun hutang $700
Persediaan barang dagang $700

Akun Debit Kredit

Hutang dagang (10.000- $9.300
700) x (100% - 2%)
Uang tunai $9.300

(b) Prepare separate entries for each transaction for Lawrence Company. The merchandise
purchased by Spinner on June 10 had cost Lawrence $6,400.

Akun Debit Kredit

Piutang usaha $10.000
Penjualan $10.000

Akun Debit Kredit

Harga pokok penjualan $5.700
Inventaris $5.700

Latihan 2:

Prepare the journal entries to record the following transactions on Novy Company’s books using a
perpetual inventory system.

(a) On March 2, Novy Company sold $900,000 of merchandise to Opps Company, terms 2/10,
n/30. The cost of the merchandise sold was $590,000.

ACCOUNTS DEBIT CREDIT

Acc Receivable 900.000
 Sales 900.000

ACCOUNTS DEBIT CREDIT

Cost of goods sold 590.000
Merchandise 590.000

(b) On March 6, Opps Company returned $90,000 of the merchandise purchased on March 2.
The cost of the returned merchandise was $62,000.

ACCOUNTS DEBIT CREDIT

Sales Return and Allowance 90.000
Acc Receivable 90.000

ACCOUNTS DEBIT CREDIT

Merchandise Inventory 62.000
Cost of Goods sold 62.000

(c) On March 12, Novy Company received the balance due from Opps Company.

On the due terms, company get discount 2%.

Sales = 900.000 – 90.000 = 810.000
Cash = 98% x 810.000 = 793.800
Sales discount = 2% x 810.000 = 16,200

ACCOUNTS DEBIT CREDIT

Cash 793.800
Sales Discount 16.200
Acc Receivable 810.000

Latihan 3

On September 1, Nixa Office Supply had an inventory of 30 calculators at a cost of $18 each. The
company uses a perpetual inventory system. During September, the following transactions occurred.

Sept. 6 Purchased 90 calculators at $22 each from York, terms net/30.

Sept. 9 Paid freight of $90 on calculators purchased from York Co.

Sept. 10 Returned 3 calculators to York Co. for $69 credit (including freight) because they did not
meet specifications.

Sept. 12 Sold 26 calculators costing $23 (including freight) for $31 each to Sura Book Store, terms
n/30.

Sept. 14 Granted credit of $31 to Sura Book Store for the return of one calculator that was not
ordered.

Sept. 20 Sold 30 calculators costing $23 for $32 each to Davis Card Shop, terms n/30.
 Instructions

Journalize the September transactions.

Pada akhir bulan pertama usaha, Pampered Pet Service memiliki neraca saldo yang belum
disesuaikan (unadjusted trial balance).
PAMPERED PET SERVICE
31 Augustus, 2017
Trial Balance
Account Titles Debit Credit
Cash 5.400
Accounts Receivable 2.800
Supplies 1.300
Prepaid Insurance 2.400
Equipment 60.000
Notes Payable 40.000
Accounts Payable 2.400
Owner’s Capital 30.000
Owner’s Drawings 1.000
Service Revenue 4.900
Salaries and Wages Expense 3.200
Utilities Expense 800
Advertising Expense 400
77.300 77.300

Data untuk penyesuaian:

1. Asuransi yang sudah lewat masa $200 per bulan.

2. Supplies yang tersedia akhir bulan Augustus $1,000.
3. Depreciation atas equipment $900.
4. Bunga (Interest Expense) $500 atas notes payable yang terhutang selama bulan Augustus.

Instructions

a) Buatlah worksheet.
b) Buat laporan keuangan yang terdiri dari Income Statement, Balance Sheet, dan Statement of
Owner’s Equity.

WORK SHEET
PAMPERED PET SERVICE
31 Augustus 2017
unadjust trial adjusment Adjusted trial income
balance sheet
No balance journal balance statement
Nama Akun
. credi
debit credit debit credit Debit credit debit t debit credit
1 Cash 5.400       5.400     5.400  
Accounts
2 Receivable 2.800       2.800     2.800  
 3 supplies 1.300     300 1.000     1.000  
4 prepaid insurance 2.400     200 2.200     2.200  
60.00
5 equipment 0       60.000     60.000  
40.00
6 notes payable   0       40.000     40.000
7 accounts payable   2.400       2.400     2.400
30.00
8 owner's capita;   0       30.000     30.000
9 owner's drawing 1.000       1.000     1.000  
10 service revenue   4.900       4.900   4.900    
salaries and wages 3.20
11 expense 3.200       3.200   0    
12 utilities expense 800       800   800    
13 advertising expense 400       400   400    

77.30 77.30
    0 0            

14 Insurance expense 200   200 200    

15 supplies expense 300   300 300    
depreciation
16 expense 900   900 900    
Accum. Depr of
17 Equipment   900   900     900
    500   500 500    
      500   900     500
6.30  72.40
    1900 1900 78.700 78.700 0 4.900 0 73.800 
      1.400 1.400  
net loss (rugi 6.30 6.30
20 bersih) 0 0 73.800 73.800