AKUNTANSI KEUANGAN

MENENGAH 2

Long Term Liability:

Long Term Note Payable
Dosen: Anggun Anggarini, SE, M. Ak
 LONG-TERM NOTES PAYABLE

 Long Term Notes Payable (selanjutnya Long Term Notes Payable akan kita
singkat menjadi Notes Payable) dinilai pada present value dari arus kas pokok
utang dan bunga di masa depan.
 Perusahaan mencatat selisih antara nilai nominal dengan nilai present value
sebagai diskonto atau premi;
 Perusahaan melakukan amortisasi diskonto atau premi selama umur Notes
Payables.
 Akuntansi terkait Notes Payables meliputi:
 Akuntansi Interest Bearing Notes (Notes Payable dengan Bunga)
 Akuntansi Zero Interest Bearing Notes (Notes Payable tanpa Bunga)
 Akuntansi Notes Payable Situasi Khusus (Notes Payable yang ditukar
dengan properti, barang dan jasa)

14-2
 Akuntansi Interest Bearing Notes
(Notes Payable dengan Bunga)

14-3
 Ilustrasi Interest-Bearing Notes – Saat Penerbitan

Marie Co. issued for cash a €10,000, three-year note bearing interest at 10 % to Morgan
Corp. The market rate of interest for a note of similar risk is 12 %. In this case, because
the effective rate of interest (12%) is greater than the stated rate (10%), the present value of
the note is less than the face value. That is, the note is exchanged at a discount.

Unamortized
Discount

Rumus PVF = 1/ (1 + r) t
Rumus PV anuity Factor = dengan r sebesar market rate

Cash 9,520

Notes Payable 9,520

14-4
 Ilustrasi Interest-Bearing Notes – Saat Pembayaran Bunga dan
Amortisasi

Marie Co. records the following entry at the end of year 1 (Jurnal pembayaran bunga dan
amortisasi diskon):
Interest Expense 1,142
Notes Payable 142
Cash 1,000

14-5
 Ilustrasi Interest-Bearing Notes – Saat Penerbitan pada Nilai
Nominal dan saat Pembayaran Bunga

Coldwell, Inc. issued a €100,000, 4-year, 10% note at face value

to Flint Hills Bank on January 1, 2015, and received €100,000
cash. The note requires annual interest payments each
December 31. Prepare Coldwell’s journal entries to record (a) the
issuance of the note and (b) the December 31 interest payment.

(a) Cash 100,000

Notes payable 100,000

(b) Interest expense 10,000

Cash 10,000
(€100,000 x 10% = €10,000)

14-6 LO 5
 Akuntansi Zero Interest Bearing Notes
(Notes Payable tanpa Bunga)

14-7
 Zero-Interest-Bearing Notes (Notes Payable Tanpa Bunga)

 Jika perusahaan menerbitkan notes payable tanpa bunga semata-mata untuk

menerima kas, perusahaan harus mengukur nilai notes payable dengan
present value
 Perusahaan mencatat selisih antara nilai nominal dengan nilai present value
(Jumlah Kas diterima), sebagai diskonto/ premi; dan
 Mengamortisasi jumlah tersebut pada beban bunga selama umur notes
payable.
 Pada zero interest bearing notes dikenal istilah Imputed Interest (Suku Bunga
Implisit), yaitu suku bunga yang menyamakan kas yang diterima (nilai present
value) dengan jumlah yang harus dibayar dimasa depan. Biasanya berupa
prevailing market rate (tingkat suku bunga pasar untuk instrumen keuangan
sejenis).

14-8
 Ilustrasi Zero Interest Bearing Notes – Saat Penerbitan

Turtle Cove Company issued the three-year, $10,000, zero-interest-

bearing note to Jeremiah Company. The implicit rate that equated the total
cash to be paid ($10,000 at maturity) to the present value of the future cash
flows ($7,721.80 cash proceeds at date of issuance) was 9 percent.

Turtle Cove records issuance of the note as follows.

Cash 7,721.80
Notes Payable 7,721.80*

*PV of Principal = $ 10.000 x PV 9%;3 = $ 10.000 x 0,77218

Rumus Present Value Factor = dengan r sebesar market rate (imputed

rate)

14-9
 Ilustrasi Zero Interest Bearing Notes – Saat Amortisasi

Turtle Cove records interest expense (Discount Amortization) for year 1 as follows:

Interest Expense ($7,721.80 x 9%)* 694.96

Notes Payable 694.96

* Interest expense = Carrying amount x imputed rate

14-10
 Akuntansi Notes Payable Situasi Khusus
(Notes Payable yang ditukar dengan
properti, barang dan jasa)

14-11
 Notes Payable Situasi Khusus - Diterbitkan untuk
Properti, Barang atau Jasa
 Jika perusahaan menerima properti, barang atau jasa dengan menerbitkan
notes payable, perusahaan harus mengukur nilai notes payable dengan nilai
wajar (fair value) dari properti, barang atau jasa yang diterima.
 Jika nilai fair value dari properti, barang atau jasa tidak dapat ditentukan, maka
diukur pada nilai fair value dari notes payable.
 Jika tidak tersedia nilai fair value baik properti, barang atau jasa maupun tidak
tersedia nilai fair value dari notes payable, atau tidak tersedia nilai fair value
yang wajar (arm’s length). Maka notes payable dicatat dengan menggunakan
imputed interest.
 Imputed Interest (Suku Bunga Implisit), yaitu suku bunga yang menyamakan
kas yang diterima (nilai present value) dengan jumlah yang harus dibayar
dimasa depan. Biasanya berupa prevailing market rate (tingkat suku bunga
pasar untuk instrumen keuangan sejenis).

14-12
 Ilustrasi Notes Payable Situasi Khusus – Saat Penerbitan

On December 31, 2015, Wunderlich Company issued a promissory note to Brown Interiors
Company for architectural services. The note has a face value of £550,000, a due date of
December 31, 2020 (5 Year), and bears a stated interest rate of 2 percent, payable at the end
of each year. Wunderlich cannot readily determine the fair value of the architectural
services, nor is the note readily marketable. On the basis of Wunderlich’s credit rating, the
absence of collateral, and the prevailing interest on Wunderlich’s other outstanding debt, the
company imputes an 8 percent interest rate as appropriate in this circumstance.

On December 31, 2015, Wunderlich records issuance of the note in payment for the architectural
services as follows.

Building (or Construction in Process) 418,239

Notes Payable 418,239
14-13
 Ilustrasi Notes Payable Situasi Khusus – Saat Pembayaran Bunga
dan Amortisasi

Payment of first year’s interest and amortization of the discount.

Interest Expense 33,459

Notes Payable 22,459
Cash 11,000

14-14
 Contoh Soal

McCormick Corporation issued a 4-year, $40,000, 5% note to Greenbush Company on January 1, 2019, and
received a computer that normally sells for $31,495. The note requires annual interest payments each
December 31. The market rate of interest for a note of similar risk is 12%.
Instruction:
Prepare McCormick's journal entries for (a) the January 1 issuance and (b) the December 31 interest.
Jawab:
a. 1 Jan 2019 Computer $31.495
Note Payable* $31.495
Jurnal saat penerbitan note payable
*
PV Principal:
= $ 40.000 x PV12%;4
= $ 40.000 x 0,635518 = $25.421
PV Interest
= $40.000 x 5% X PVA12%;4
= $ 2.000 x 3,037349 = $6.075
$31.495

b. 31 Des 2019 Interest Expense ($31.495 x 12%) $3.779

Note Payable ($ 3.799 - $ 2.000) $1.779
Cash ($40.000 x 5%) $2.000
Jurnal saat pembayaran bunga dan amortisasi diskon
Resource:
Thanks
1. Harmon, Coby. Intermediate Accounting IFRS Edition
(PowerPoint Slides). University of California, Santa Barbara.
Westmont College.
2. Kieso, Weygandt, Warfield. Intermediate Accounting IFRS
Edition, 3rd Edition. Wiley.

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