Tugas Kelompok ke-4 Minggu 8

Problem 8-1
Fair value price 1,890,000 / 135,000 = 14 Per share
Fair value 1/1/10 shares 420,000
Cost of 30.000 shares 365,000
Change in retained earnings 37,000
Adjusted 402,000
Increase FV 18,000
Fair value 1/11/11 1,050,000
Cost of 75.000 960,000
Change retained earnings 22,500
Adjusted 937,500
Increase FV 112,500
Parent
Non controlling
interest
Fair value 1/1/10 420,000
Fair value 1/1/11 1,050,000
Fair value 1/1/12 1,890,000
Purchase & Implied value 3,360,000 840,000
common stock 2,400,000 600,000
Retained earnings 504,000 126,000
Difference between implied and book value 456,000 114,000
Goodwill 456,000 114,000
Balance - -
Investment in Sarko company
Retained earning, alzeer company
Common stock - Sarko comay
Retained earning 1/1 Sarko
Difference between implied and book value
Investment Sarko Company
Non controlling interest
Goodwill
Difference between implied and book value
Problem 8-3
Deviden income 48,000
Deviden Declared - stern company
Add.contributed capital - Pyle company 8,600
Retained earning - Pyle company
Add.contributed capital - Pyle company 2,325
Subsidiary income sold
Investment in Stern company 137,600
Retained earning 1/1 - Pyle company
Common stock - Stern company 300,000
Other contributed capital - Stern company 180,000
Retained earning - Stern Company 292,000
Investment in Stern company
Non controlling interest
Pyle Company and Subsidiary
Consolidate statement
Income Statement
Pyle Company
Income before deviden income 172,000
Deviden income 48,000
Net consolidate income 220,000
Subsidiary income sold
NCI income
Net income to retained earning 220,000
Retained earnings statement
Retained earning 1/1
Pyle company 1,200,000
Sterb company
Net income 220,000
Devidend declared
Pyle company (80,000)
Stern company
1,340,000
Balance sheet
Current assets 600,000
Investment in Stern company 480,000
Other assets 1,180,000
Total 2,260,000
Liabilities 190,000
Common stock
Pyle company 500,000
Stern company
Other contributed capital
Pyle company 230,000
Stern company
Retained earning 1,340,000
NCI in net Assets
2,260,000
problem 8-4
Devidend income 24,300
Devidend declared - Spitz company
Additional contributed capital - Porter compnay 9,540
Retained earnings - Porter company
Additional contributed capital - Poter company 1,800
Subsidiary income sold
Investment in Spitz company 85,860
Retained earnings - Porter company
Common stock - Spitz company 100,000
Other contributed capital - Spitz company 20,000
Retained earnings - Spitz company 126,000
Difference btween implied value and book value 10,000
Investment in Spitz company
Noncontrolling interest
Land 10,000
Difference between implied value and book value
Porter company and subsidiary
Consolidat statement
Income statement
Porter company Spitz company
Income before devidend income 63,200 60,000
Devidend income 24,300
Net income consolidated 87,500 60,000
Subsidiary income sold
NCI income
Net income to retained earnings 87,500 60,000
Retained earnings
Porter company 206,500
Spitz company 126,000
Net income 87,500 60,000
Devidend declared
Porter company (50,000)
Spitz company (30,000)
Retained earning balance 244,000 156,000
Balance sheet
Cash 90,000 40,000
A/R 62,000 38,000
Inventory 106,000 64,000
Investment in Spitz compan 121,500
Difference between implied and book value
Plant Assets 320,000 149,000
Land 69,000 46,000
Total 768,500 337,000
Liabilities 102,000 61,000
Common stock
Porter company 250,000
Spitz company 100,000
Other contributed capital
Porter company 172,500
Spitz company 20,000
Retained earnings 244,000 156,000
NCI in asset,beginning
NCI in asset, ending
768,500 337,000
Problem 8-12
FV 210,000 / 12,500 = 16.80 Per share
FV 1/1/09 151,200
Cost 110,500
Change retained earnings 26,775
Adjusted 137,275
Increase FV 13,925
Parent share
FV 1/1/09 151,200
FV 1/1/10 210,000
Purchase price and implied value 361,200
Capital stock 215,000
Retained earnings 88,688
Difference between implied and book value 57,513
Land ( other assets ) (57,513)
Balance -
Deviden income 37,625
Devidend declared - Sato company
Investment in Sato company 26,775
Retained earnings 1/1 - Phan company
Capital stock - Sato company 400,000
Retained earning 1/1 - Sato company 165,000
Difference between implied and book value 107,000
Investment in Sato company
NCI
Other assets 107,000
Difference between implied and book value
Phan company and subsidiary
Consolidate statement
Income statement
Phan company Sato company
Sales 1,800,000 605,000
Gain on revaluation 13,925
Devidend income 37,625
Total revenue 1,851,550 605,000
COGS 1,100,000 320,000
Other expense 350,000 130,000
Total cost and expense 1,450,000 450,000
Net consolidate income 401,550 155,000
NCI
Net incom retained earning 401,550 155,000
Retained earnings
Phan company 326,325
Sato company 165,000
Net income 401,550 155,000
Devidend declared
Phan company (150,000)
Sato company (70,000)
Retained earnings, eding
Balance sheet 577,875 250,000
Balance sheet
Current assets 165,500 138,000
Investment in Sato company 334,425
Difference between implied and book value
Other asset 920,000 672,000
Total assets 1,419,925 810,000
Liabilities 142,050 160,000
Paid capital - Phan company 100,000
Capital stock
Phan company 600,000
Sato company 400,000
Retained earning 577,875 250,000
NCI, beginning
NCI, ending
1,419,925 810,000
Entrie value
4,200,000
3,000,000
630,000
570,000
570,000
-
59,500
59,500
3,000,000
630,000
570,000
3,360,000
840,000
570,000
570,000
48,000
8,600
2,325
137,600
617,600
154,400
Stern Company NCI Consolidate balance
Debet Kredit
186,000 358,000
48,000 -
186,000 48,000 - - 358,000
2,325 2,325
37,200 (37,200)
186,000 48,000 2,325 37,200 323,125
8,600
137,600 1,346,200
292,000 292,000 -
186,000 48,000 2,325 37,200 323,125
(80,000)
(60,000) 48,000 (12,000) -
418,000 340,000 196,525 25,200 1,589,325
320,000 920,000
137,600 617,600 -
668,000 1,848,000
988,000 2,768,000
Elimination
90,000 280,000
500,000
300,000 300,000
8,600 219,075
2,325
180,000 180,000 -
418,000 340,000 196,525 25,200 1,589,325
154,400 154,400
179,600 179,600
988,000 968,525 968,525 2,768,000
24,300
9,540
1,800
85,860
207,360
48,640
10,000
NCI Consolidate balance
Debet Kredit
123,200
24,300 -
123,200
1,800 1,800
11,400 (11,400)
24,300 1,800 11,400 113,600
Elimination
9,540
85,860 301,900
126,000 -
24,300 1,800 11,400 113,600
(50,000)
24,300 (5,700) -
150,300 121,500 5,700 365,500
130,000
100,000
170,000
85,860 207,360 -
10,000 10,000 -
469,000
10,000 125,000
994,000
163,000
250,000
100,000 -
9,540 161,160
1,800
20,000 -
150,300 121,500 5,700 365,500
48,640 48,640
54,340 54,340
387,500 387,500 994,000
NC share Entie value
310,800 672,000
185,000 400,000
76,313 165,000
49,488 107,000
(49,488) (107,000)
- -
37,625
26,775
361,200
310,800
107,000
NCI Consolidate balance
Debet Kredit
2,405,000
13,925
37,625 -
2,418,925
1,420,000
480,000
1,900,000
518,925
71,688 (71,688)
37,625 - 71,688 447,238
26,775 353,100
165,000 -
37,625 - 71,688 447,238
(150,000)
37,625 (32,375) -
202,625 64,400 39,313 650,338
303,500
26,775 361,200
Eliminations
107,000 107,000
107,000 1,699,000
2,002,500
302,050
100,000
600,000
400,000 -
202,625 64,400 39,313 650,338
310,800 310,800
350,113 350,113
843,400 843,400 2,002,500