Program Pendidikan Vokasi UI Praktik Akuntansi Topik Khusus

Program Studi Akuntansi hh

MODUL 4
Pengakuan Pendapatan
(Waktu Pengerjaan @ 120 Menit)

Tujuan Instruksi Khusus (TIK)

- Kompetensi Umum:
o Mampu membuat laporan keuangan atas pengakuan pendapatan
- Kompetensi Khusus
o Mahasiswa mampu menjelaskan berbagai macam transaksi pendapatan dalam dunia
bisnis
o Mahasiswa mampu melakukan kalkulasi pendapatan dan jurnal atas transaksi

Kerjakanlah seluruh soal di bawah ini sesuai dengan instruksi yang diminta. Mahasiswa
diperkenankan untuk berdiskusi, melihat catatan atau buku teks (open book), serta bertanya kepada
asisten praktik. Waktu pengerjaan praktik maksimal 120 menit.

KETENTUAN WAJIB OLEH MAHASISWA:

1. Jawaban modul difoto atau discan untuk pengumpulannya
2. Pengumpulan modul di emas dan kirim ke email asiten praktikum
SOAL
Soal 1

Cramer AG sells idle machinery to Enyart SE on July 1, 2019, for €40,000. Cramer agrees to repurchase this
equipment from Enyart on June 30, 2020, for a price of €42,400 (an imputed interest rate of 6%).
Intructions
a. Prepare the journal entry for Cramer for the transfer of the asset to Enyart on July 1, 2019.
b. Prepare any other necessary journal entries for Cramer in 2019.
c. Prepare the journal entry for Cramer when the machinery is repurchased on June 30, 2020.

Soal 2

Shaw Ltd. sells goods that cost £300,000 to Ricard Company for £430,000 on January 2, 2019. The sales price
includes an installation fee, which has a standalone selling price of £60,000. The standalone selling price of the
goods is £370,000. The installation is considered a separate performance obligation and is expected to take 6
months to complete.
Instructions
a. Prepare the journal entry (if any) to record the sale on January 2, 2019.

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Program Pendidikan Vokasi UI Praktik Akuntansi Topik Khusus
Program Studi Akuntansi hh
b. Shaw prepares an income statement for the first quarter of 2019, ending on March 31, 2019. How much
revenue should Shaw recognize related to its sale to Richard

Soal 3

Wood-Mode Company is involved in the design, manufacture, and installation of various types of wood products
for large construction projects. Wood-Mode recently completed a large contract for Stadium Ltd., which consisted
of building 35 different types of concession counters for a new soccer arena under construction. The terms of the
contract are that upon completion of the counters, Stadium would pay £2,000,000. Unfortunately, due to the
depressed economy, the completion of the new soccer arena is now delayed. Stadium has therefore asked Wood-
Mode to hold the counters for 2 months at its manufacturing plant until the arena is completed. Stadium
acknowledges in writing that it ordered the counters and that they now have ownership. The time that Wood-
Mode Company must hold the counters is totally dependent on when the arena is completed. Because Wood-
Mode has not received additional progress payments for the counters due to the delay, Stadium has provided a
deposit of £300,000.
Instructions
a. Explain this type of revenue recognition transaction.
b. What factors should be considered in determining when to recognize revenue in this transaction?
c. Prepare the journal entry(ies) that Wood-Mode should make, assuming it signed a valid sales contract to sell
the counters and received at the time the £300,000 deposit.

Soal 4

On May 3, 2019, Eisler Company consigned 80 freezers, costing $500 each, to Remmers Company. The cost of
shipping the freezers amounted to $840 and was paid by Eisler Company. On December 30, 2019, a report was
received from the consignee, indicating that 60 freezers had been sold for $750 each. Remittance (pengiriman
uang) was made by the consignee for the amount due after deducting a commission of 6%, advertising of $200,
and total installation costs of $320 on the freezers sold.

Instructions:
a. Compute the inventory value of the units unsold in the hands of the consignee.
b. Compute the profit for the consignor for the units sold.
c. Prepare all necessary journal entries for both consignor and consignee

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Program Pendidikan Vokasi UI Praktik Akuntansi Topik Khusus
Program Studi Akuntansi hh

Soal 5

During 2019, Nilsen Company started a construction job with a contract price of $1,600,000. The job was
completed in 2021. The following information is available.
2019 2020 2021
Cost incurred to date $400,000 $825,000 $1,070,000
Estimated costs to complete 600,000 275,000 –0–
Billing to date 300,000 900,000 1,600,000
Collections to date 270,000 810,000 1,425,000

Instructions:
a. Compute the amount of gross profit to be recognized each year, assuming the percentage-of-completion
method is used. Prepare all necessary journal entries for 2019, 2020, 2021.
c. Compute the amount of gross profit to be recognized each year, assuming the cost-recovery method is used.
Prepare all necessary journal entries for 2019, 2020, 2021

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