CV VICTORY SPORT

INCOME STATEMENT
For The Year Ended, December, 31, 2020
sales return Rp 142,350,000
sales discount Rp 39,252,000
net sales Rp 3,319,020,000

cogs Rp 2,245,027,456

Gross profit Rp 1,073,992,544

operating expense
bad debt expense Rp 11,767,750
adversiting expense Rp 30,000,000
wages & salaries Rp 132,000,000
store suplies Rp 7,200,000
buiding deprection Rp 45,000,000
vehicles deprection Rp 108,480,729
equipment deprection Rp 37,500,000
insuranse expense Rp 52,000,000
utilities expense Rp 48,893,000
office suplies expense Rp 20,550,000
49.3.392.170
administration expense
wages & salaries(adm) Rp 12,000,000
other's expense Rp 10,500,000
Rp 22,500,000
total expense Rp 515,892,000
operating profit Rp 558,100,373

other income
interets revenue Rp 12,192,000
divident revenue Rp 60,000,000
freight collected Rp 11,781,300
Rp 83,973,300
other expense
interest expense Rp 8,250,000
bank service charge Rp 6,745,000
Rp 14,995,000
other income/expense Rp 68,978,000
earning before times Rp 627,878,673

income tax expense Rp 62,053,610

earning after texes 565,025,063
 CV VICTORY SPORT
STATEMENTS OF CHANGE EQU
FOR THE YEARS ENDED 31 DECEM

Description Ahsan Capital

Balance at december, 31, 2019 1,000,000,000

Distribution to owners 150,000,000
Net Income
Ahsan Drawing 100,000,000
Apriani Drawing
Balance Sheet December, 31, 2020 1,050,000,000
 CV VICTORY SPORT
STATEMENTS OF CHANGE EQUITY
OR THE YEARS ENDED 31 DECEMBER 2020

Apriani Capital Retained Earning Total

600,000,000 240,000,000 1,840,000,000

90,000,000 (240,000,000) -
565,025,063 565,025,063
(100,000,000)
(600,000,000) (600,000,000)
630,000,000 565,025,063 2,245,025,063
 1,600,000
Ahsan 62.50%
Apriani 37.50%
 CV VICTORY SPORT
BALANCE SHEET
AS AT DECEMBER, 31, 2020 and 2019

ASSETS 2020 2019 LIABILITIES & EQUITIES

Current Assets Current Liabilities
Cash In Bank 194,982,000 49,182,500 Accounts Payable
Petty Cash 9,200,000 10,000,000 Accrued Expense
Accounts Receivable 328,305,000 92,950,000 VAT Out
Allowance for doubtfull debt 16,415,250 (4,647,500) VAT Payable
Merchandise Inventory 270,759,852 205,800,000 Income Tax Payable
VAT In 23,255,000 -
Office Supplies 8,650,000 9,120,000
Store Supplies 10,000,000 3,200,000
Prepaid Insurance 40,000,000 32,000,000 Amount
Stock Invesment 484,800,000 484,800,000 Long Term Debts
Bank BNI Loan
BCA Finance
Amount
Equities
Amount 1,353,536,602 882,405,000 ahsan Capital
Non Current Assets apriliani Capital
Land 300,000,000 200,000,000 Retained Earning
Building 900,000,000 900,000,000 Amount
Building Accumulated Dep 495,000,000 (450,000,000)
Vehicles 962,950,000 859,200,000
Vehicles Accumulated Dep 171,230,729 (284,000,000)
Equipment 150,000,000 150,000,000
Equipment Accumulated Dep 137,500,000 (100,000,000)

Amount 1,509,219,271 1,275,200,000

Total Assets 2,862,755,873 2,157,605,000 Total Liabilities & Equites

 VICTORY SPORT
BALANCE SHEET
DECEMBER, 31, 2020 and 2019

2020 2019

257,105,000 177,155,000
13,800,000 30,000,000
38,072,200 -
-
2,503,610 4,200,000

311,480,810 211,355,000

31,250,000 106,250,000
275,000,000 -
306,250,000 106,250,000

1,050,000,000 1,000,000,000
630,000,000 600,000,000
565,025,063 240,000,000
2,245,025,063 1,840,000,000

2,862,755,873 2,157,605,000
 CV VICTORY SPORT
Memorial Journal (CLOSING ENTRY)
December 2020 Page :

DOC.
DATE DESCRIPTION REF DEBIT CREDIT
NO.

Total
1. PENJUALAN DAN OTHER INCOME
bi
 CV VICTORY SPORT
CLOSING BALANCE
December 31, 2020

ACCOUNT NO. ACCOUNT NAME DEBIT CREDIT

11100 Cash In Bank

11200 Petty Cash

11300 Accounts Receivable

11400 Allowance for doubtfull debt

11500 Merchandise Inventory

11600 VAT In

11700 Office Supplies

11800 Store Supplies

11900 Prepaid Insurance

12100 Stock Invesment

13100 Land

13200 Building

13300 Building Accumulated Dep

13400 Vehicles

13500 Vehicles Accumulated Dep

13600 Equipment

13700 Equipment Accumulated Dep

21100 Accounts Payable

21200 Accrued Expense

21300 VAT Out

21400 Income Tax Payable

22100 Bank BNI Loan

22200 BCA Finance

31100 Ahsan Capital

31200 Apriani Capital

31500 Retained Earning

Amount