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    Afani Hanifah
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    1. P purchased 80% of the shares of S for $850,000 cash in January 2015. S's equity at the time consisted of share capital of $550,000 and retained earnings of $80,000. 2. For 2015 and 2016, S earned net income of $100,000 and $110,000 respectively, and paid dividends of $25,000 and $35,000. 3. The document provides journal entries, consolidation worksheets, and consolidated financial statements to account for the business combination and eliminate entries between P and its subsidiary S for 2015-2016.

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    1. P purchased 80% of the shares of S for $850,000 cash in January 2015. S's equity at the time consisted of share capital of $550,000 and retained earnings of $80,000. 2. For 2015 and 2016, S earned net income of $100,000 and $110,000 respectively, and paid dividends of $25,000 and $35,000. 3. The document provides journal entries, consolidation worksheets, and consolidated financial statements to account for the business combination and eliminate entries between P and its subsidiary S for 2015-2016.

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    44 views6 pages

    Book 1

    Uploaded by

    Afani Hanifah
    1. P purchased 80% of the shares of S for $850,000 cash in January 2015. S's equity at the time consisted of share capital of $550,000 and retained earnings of $80,000. 2. For 2015 and 2016, S earned net income of $100,000 and $110,000 respectively, and paid dividends of $25,000 and $35,000. 3. The document provides journal entries, consolidation worksheets, and consolidated financial statements to account for the business combination and eliminate entries between P and its subsidiary S for 2015-2016.

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    of 6

    Soal 3

    1 Januari 2015 P membeli 80% saham S senilai $ 850.000 tunai. Ekuitas S saat itu terdiri dari Share capital $ 550.000 dan R
    dialokasikan ke equipment $ 130.000 (sisa masa manfaat 5 tahun); land $ 65.000; inventory $ 40.000 (terjual di tahun 201

    Untuk tahun 2015 dan 2016, S memperoleh net income masing-masing $ 100.000 dan $ 110.000 dan membayar dividen m
    Jawaban

    a. Skedul alokasi kelebihan cost atas net asset yang diperoleh


    Cost invesment
    Nilai tercatat net asset yang diperoleh
    Kelebihan cost atas nilai tercatat aset neto

    Alokasi kelebihan cost atas nilai tercatat aset neto


    Selisih dialokasikan ke equipment
    Selisih dialokasikan ke land
    Selisih dialokasikan ke inventory
    Selisih dialokasikan ke goodwill
    Total

    b. Tahun 2015
    Net Income
    Dividen
    Excess amortization
    Plant & Equipment-net Rp 5,200
    Land Rp 13,000
    Inventory Rp 8,000
    Goodwill Rp 22,200
    Total excess amortization
    NCI

    Jurnal Eliminasi 2015


    a. Dividend Income Rp 48,000
    Dividen-S
    b. Share Capital-Ordinary Rp 550,000
    Retained Earnings Rp 340,000
    Unamortized Excess Rp 346,000
    Investment in S
    NCI
    c. Inventory Rp 130,000
    Plant & Equipment-net Rp 65,000
    Land Rp 40,000
    Goodwill Rp 111,000
    Unamortized Excess
    d. Depreciation Expense Rp 13,000
    Plant & Equipment-net
    e. Depreciation Expense Rp 40,000
    Land
    f. NCI expense Rp 26,600
    Dividen Rp 25,000
    NCI

    Tahun 2016
    Net Income
    Dividen
    Excess amortization
    Plant & Equipment-net Rp 5,200
    Land Rp 13,000
    Inventory Rp 8,000
    Goodwill Rp 22,200
    Total excess amortization
    NCI
    Jurnal Eliminasi 2016
    a. Dividend Income Rp 48,000
    Dividen-S
    b. Share Capital-Ordinary Rp 550,000
    Retained Earnings Rp 340,000
    Unamortized Excess Rp 346,000
    Investment in S
    NCI
    c. Inventory Rp 130,000
    Plant & Equipment-net Rp 65,000
    Land Rp 40,000
    Goodwill Rp 111,000
    Unamortized Excess
    d. Depreciation Expense Rp 13,000
    Plant & Equipment-net
    e. Depreciation Expense Rp 40,000
    Land
    f. NCI expense Rp 26,600
    Dividen Rp 35,000
    NCI

    c. Kertas Kerja Konsolidasi


    Combined Income and Retained Earnings Statements for The Year
    Ended Dec 31, 2017 P

    Income Statement Sales Rp 1,100,000


    Dividend Income Rp 48,000
    Cost of Sales Rp 900,000
    Depreciation Expense Rp 40,000
    Operating Expenses Rp 60,000
    Total Expenses Rp 1,000,000
    Net Income Rp 148,000
    NCI Expense
    Consolidated Income Rp 397,500
    Retained Earning Retained Earning Beg. Rp 500,000
    Net Income Rp 148,000
    Devidend Rp 90,000

    Retained Earning End Rp 558,000


    Balance Sheet Cash Rp 70,000
    Account Receivable Rp 260,000
    Inventories Rp 240,000
    Investment in S Rp 850,000
    Land
    Plant & Equipment-net Rp 360,000
    Unamortized Excess
    Goodwill
    Total Assets Rp 1,780,000
    Account Payable Rp 132,000
    Notes Payable Rp 90,000
    Share Capital-Ordinary Rp 1,000,000
    Retained Earnings Rp 558,000
    NCI
    Total Liabilities+Equity Rp 1,780,000
    i dari Share capital $ 550.000 dan Retained Earnings $ 80.000. Selisih antara cost dengan nilai buku
    ntory $ 40.000 (terjual di tahun 2015); dan sisanya ke goodwill.

    $ 110.000 dan membayar dividen masing-masing $ 25.000 dan $ 35.000.

    Rp 850,000
    Rp 504,000
    Rp 346,000

    Rp 130,000
    Rp 65,000
    Rp 40,000
    Rp 111,000
    Rp 346,000

    Rp 100,000
    Rp 25,000

    Rp 48,400
    Rp 26,600

    Rp 48,000

    Rp 850,000
    Rp 386,000

    Rp 346,000

    Rp 13,000
    Rp 40,000

    Rp 51,600

    Rp 110,000
    Rp 35,000

    Rp 48,400
    Rp 26,600

    Rp 48,000

    Rp 850,000
    Rp 386,000

    Rp 346,000

    Rp 13,000

    Rp 40,000

    Rp 61,600

    Adjustment & Elimination Consolidated


    S Statements
    Debit Credit
    Rp 450,000 Rp 1,550,000
    Rp 96,000 Rp 144,000
    Rp 200,000 Rp 1,100,000
    Rp 30,000 Rp 106,000 Rp 176,000
    Rp 50,000 Rp 110,000
    Rp 280,000 Rp 1,386,000
    Rp 170,000 Rp 308,000
    Rp 53,200 Rp 53,200
    Rp 100,000 Rp 497,500
    Rp 230,000 Rp 730,000
    Rp 170,000 Rp 308,000
    Rp 60,000 Rp 60,000 Rp 96,000 Rp 114,000

    Rp 340,000 Rp 924,000
    Rp 65,000 Rp 135,000
    Rp 190,000 Rp 450,000
    Rp 175,000 Rp 260,000 Rp 675,000
    Rp 1,700,000 -Rp 850,000
    Rp 320,000 Rp 80,000 Rp 80,000 Rp 320,000
    Rp 280,000 Rp 130,000 Rp 26,000 Rp 744,000
    Rp 692,000 Rp 692,000 Rp -
    Rp 222,000 Rp 222,000
    Rp 1,030,000 Rp 1,474,000
    Rp 110,000 Rp 242,000
    Rp 30,000 Rp 120,000
    Rp 550,000 Rp 1,100,000 Rp 2,650,000
    Rp 340,000 Rp 680,000 Rp 1,578,000
    Rp 885,200 Rp (885,200)
    Rp 1,030,000 Rp 3,479,200 Rp 3,479,200 Rp 3,704,800

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