Jawaban Quiz UAS

SOAL 1
1. Journal entries:
PT Bintang
Date
Description
10 Januari Cash
Common Stock
PIC in Excess of par-CS

D
34,000,000

13 Januari Land
Cash
Preferred Stock
PIC in Excess of par-PS

12,500,000
12,000,000

23 Juni

25 Juli

24 sept

29 Sept

15 Okt

18 Okt

11 Nov

30 Nov

31 Des

K
20,000,000
14,000,000

20,000,000
4,500,000

Cash Dividend
Cash Dividend Payable

4,500,000

Cash Dividend Payable

Cash

4,500,000

Stock Dividend
Stock Dividend Distributable
PIC in Excess of par-CS

8,800,000

Stock Dividend Distributable

Common Stock

8,000,000

Cash Dividend
Cash Dividend Payable

4,400,000

Cash Dividend Payable

Cash

4,400,000

Treasury Stock
Cash

2,400,000

4,500,000

4,500,000

8,000,000
800,000

8,000,000

4,400,000

4,400,000

2,400,000

Cash
Trasury Stock
PIC from sale of TS

12,000,000

Income Summary
Retained Earnings

22,500,000

Retained Earnings
Dividends

17,700,000

8,000,000
4,000,000

22,500,000

17,700,000

2. Retained Earnings Statement of PT Bintang

PT Bintang

Retained Earnings Statement

For year ended Dec 31, 2007
Retained Earnings, Jan 1, 2007
Net Income for this period
Less Dividend

30,000,000
22,500,000
(17,700,000)
4,800,000
34,800,000

Retained Earnings, Dec 31, 2007

3. Stockholders' Equity Statement of PT Bintang

Paid in Capital:
10% Preferred Stock, Nilai Nominal Rp10.000
(5.000 authorized, 4.500 issued and outstanding)
PIC in Excess of Par-Preferred Stock
Common Stock, Nilai Nominal Rp1.000
(100.000 authorized, 98.000 issued, 91.000 outstanding)
PIC in Excess of Par-Common Stock
PIC from Sale of Treasury Stock
Retained Earnings
Treasury Stock (7.000 at cost)
Total Stockholders'equity

45,000,000
5,000,000
98,000,000
49,800,000 3
4,000,000
34,800,000
(14,400,000)
222,200,000

SOAL 2
Harga Pasar Obligasi per lembar = PV,n=6,i=10% 500.000 + PVA,n=6,i=10% (9% x 500.000)
= 500.000 (0,5645) + 45.000 (4,3553)
= 478.238,50
Disagio per lembar saham = 500.000 - 478.238,50 =

21,761.50

Tabel Amortisasi Disagio per lembar obligasi selama 6 kali pembayaran bunga dengan Market rate Method (PT Bumi):
Periode
1
2
3
4
5
6

Bunga Nominal

Bunga Pasar
45,000.00
45,000.00
45,000.00
45,000.00
45,000.00
45,000.00

Amortisasi

47,823.85
48,106.24
48,416.86
48,758.54
49,134.40
49,547.84

2,823.85
3,106.24
3,416.86
3,758.54
4,134.40
4,521.61

Amotisasi Disagio per tahun dengan metode garis lurus (PT Langit) =
Jurnal Transaksi yang dibuat oleh PT Bumi dan PT Langit adalah sebagai berikut:

Date

PT BUMI
Description

2006
1 Juni
Cash (10 x 478,238.5)
Discount on Bonds Payable
Bonds Payable
1 Des

31 Des

Interest Expense
Cash

450,000.00

Interest Expense (450.000/6)

Interest Payable

75,000.00

Interest Expense (10 x 3,106.24 x 5/6)

Discount on Bonds Payable
Interest Expense
Cash

28,238.50

75,000.00
5,177.06
5,177.06

75,000.00
375,000.00
450,000.00
25,885.29
25,885.29
450,000.00
450,000.00

Interest Expense (10 x 3,416.86)

Discount on Bonds Payable

34,168.59

Interest Expense (450.000/6)

Interest Payable

75,000.00

Interest Expense (10 x 3,758.54 X 1/6)

Discount on Bonds Payable
2008
1 Juni
Interest Payable
Interest Expense
Cash

1 Sept

450,000.00

28,238.50

2007
1 Juni
Interest Payable
Interest Expense
Cash

31 Des

5,000,000.00

Interest Expense (10 x 2,823.85)

Discount on Bonds Payable

Interest Expense (10 x 3,106.24 X 1/6)

Discount on Bonds Payable

1 Des

4,782,385.00
217,615.00

34,168.59

75,000.00
6,264.24
6,264.24

75,000.00
375,000.00
450,000.00

Interest Expense (10 x 3,758.54 x 5/6)

Discount on Bonds Payable

31,321.20

Interest Expense (4 x 4.134.40 x 3/6)

Discount on Bonds Payable

8,268.80

Bonds Payable
Discount on Bonds Payable
(4 X 8,656.01) - 8,268.80
Cash (4 x 500.000 x 90/100)

31,321.20

8,268.80
2,000,000.00
26,355.25
1,800,000.00

Gain on Bonds Redemption

1 Des

31 Des

Interest Expense(6x500.000x9%)
Cash

173,644.75

270,000.00
270,000.00

Interest Expense (6 x 4.134.40)

Discount on Bonds Payable

24,806.40

Interest Expense (270.000/6 )

Interest Payable

45,000.00

Interest Expense (6 x 4.521.61 X 1/6)

Discount on Bonds Payable
2009
1 Juni
Interest Payable
Interest Expense
Cash
Interest Expense (6 x 4.521.61 X 5/6)
Discount on Bonds Payable

Bonds Payable
Cash

24,806.40

45,000.00
4,521.61
4,521.61

45,000.00
225,000.00
270,000.00
22,608.05
22,608.05

3,000,000.00
3,000,000.00

PT Rembulan
Description
D
Investment in PT Bintang Stock
31,050,000
Cash

K
31,050,000

No entry

No entry, saham biasa PT Bintang

bertambah 1800 lembar
No entry

Cash
Investment in PT Bintang Stock

990,000
990,000

No entry

Investment in PT Bintang Stock

Income from Investement

4,895,604
4,895,604

3. The Balance of Investment in PT Bintang Stock =

34,955,604

4. Sale of Investment in PT Bintang Stock

Cost of investment per share =
=

34,955,604
19,800
1,765.43

Proceeds = (5000 lbr x Rp1000 x 135%)- Rp210000 =

Cost of 5000 share = 5000 x Rp1765.43 =
Loss on sale of investment
Cash
Loss on sale of investment
Investment in PT Bintang Stock

6,540,000
8,827,173
2,287,173

6,540,000
2,287,173
8,827,173

% x 500.000)

engan Market rate Method (PT Bumi):

Disagio
21,761.50
18,937.65
15,831.42
12,414.56
8,656.01
4,521.61
217,615/3 =

PT LANGIT
Description

Carrying Amount
478,238.50
481,062.35
484,168.59
487,585.44
491,343.99
495,478.39
500,000.00
72,538.33

Investment in PT Bumi Bonds

Cash

4,782,385.00
4,782,385.00

Cash
Interest Revenue

450,000.00

Interest Receivable
Interest Revenue

75,000.00

Investment in PT Bumi Bonds

Interest Revenue
(72.538,33 x 7/12)

42,314.03

450,000.00

75,000.00

42,314.03

Cash
Interest Receivable
Interest Revenue

450,000.00

Cash
Interest Revenue

450,000.00

Interest Receivable
Interest Revenue

75,000.00

Investment in PT Bumi Bonds

Interest Revenue

72,538.33

Cash
Interest Receivable
Interest Revenue

Investment in PT Bumi Bonds

Interest Revenue
(72,538.33 x 4/10 x 8/12)

75,000.00
375,000.00

450,000.00

75,000.00

72,538.33

450,000.00
75,000.00
375,000.00

19,343.56
19,343.56

Carrying amount of Investment =

1,978,238.50

Cash

1,800,000.00

Investment in Bonds
4,782,385.00
42,314.03
72,538.33
4,897,237.36
1,958,894.94
19,343.56
1,978,238.50

Loss on sale of investment

Investment in PT Bumi Bonds

178,238.50

Cash
Interest Revenue

270,000.00

Interest Receivable
Interest Revenue

45,000.00

Investment in PT Bumi Bonds

Interest Revenue
(72,538.33/10 x 6)

43,523.00

Cash
Interest Receivable
Interest Revenue
Investment in PT Bumi Bonds
Interest Revenue
(72,538.33/10 x 6 x 5/12)
Cash
Investment in PT Bumi Bonds

1,978,238.50

270,000.00

45,000.00

43,523.00

270,000.00
45,000.00
225,000.00
18,134.58
18,134.58

3,000,000.00
3,000,000.00

Investment in Bonds

10
4