KUIS KEDUA ASG 2023

Nama: Salwa Talitha Ramadhani

NIM: 230421608273

Off: N

1.On February 2, 2023, Academic Ltd. purchased

merchandise inventory from Hima Co. with term 2/15,
n/45, for $456,000 on account (excluding VAT). The journal
entry made by Academic Ltd. if it paid for that inventory
on February 15, 2023 (using the perpetual system) was….
Answer:
Dr. Inventory $456,000
Cr. Accounts Payable $456,000
(pruchased inventory on account, term 2/15, n/45)

2. Is the lifo method still applied in Indonesia? Explain why!

Answer: Tidak, karena menyebabkan laba yang terlalu tinggi
dibandingkan metode penilaian persediaan lainnya sehingga pajak
akan menjadi lebih rendah.
 KUIS KEDUA ASG 2023

3. Kaizen Corp. uses FIFO periodic system to count inventory

and the transaction that related to the inventory were:

On December 31, 2023, the amount of remaining units was 75%

of beginning inventory, the ending inventory cost of MC Corp.
was....
Answer:
31 Desember 2023 75% x 10.000 = 7,500
Total units 20.700 – 7.500 = 13.200
No units Price Total
1. 3,700 280 $1.036.000
2. 4,500 265 $1.192.500
3. 2,500 245 $612.500
4. 2,500 225 $562.500
Total $3.403.500

The ending inventory cost of MC Crop $3.403.500

 KUIS KEDUA ASG 2023

4. Sebutkan minimal 5 karakteristik dari perusahaan dagang!

Answer:

1. Perusahaan dagang merupakan persusahaan yang membeli

barang dan menjual barang tanpa merubah bentuk barang tersebut

2. Pendapatannya berasal dari hasil penjualan barang

3. Terdapat akun Merchandise Inventory yang membedakan dengan

perusahaan jasa

4. Ada perhitungan Cost of Goods Sold atau Harga Pokok Penjualan

untuk mengetahui seberapa besar laba atau rugi

5. Terdapat 2 macam pencatatan yaitu Perpetual System dan

Periodic System

6. Adanya transaksi pembelian, penjualan, dan retur barang.

 KUIS KEDUA ASG 2023

5. Ramonia Ltd. used weighted average-cost method and perpetual

system to count inventory at the transaction that related to the
inventory were:

On August 25, 2023, Ramonia Ltd. sold Merchandise Inventory to

Dania Ltd. of 105 pcs @/$32 on account, with term 2/10, n/30,
(VAT 11%). The amount of Cost of Goods Sold and journal entry
made by Ramonia Ltd. on August 25, 2023, is….

Answer: