Pal CORPORATION AND SUBSIDIARY

CONSOLIDATION WORKING PAPER

FOR THE YEAR ENDED DECEMBER 31, 2011

Description PT Pal PT Sid

Income Statement :
Sales 900,000 500,000
Devidend Income 40,000
Gain on machinery 40,000
Cost of Goods Sold (400,000) (300,000)
Depreciation expense (95,000) (60,000)
Other operating expense (185,000) (40,000)
Net Income 300,000 100,000

Noncontrolling interest share

Consolidated Net Income
Retained Earnings :
Retained Earnings, PT Pal 155,000
Retained Earnings, PT Sid 250,000
Dividends (200,000) (50,000)

Retained Earnings-Dec 31 255,000 300,000

Balance sheet :
Cash 20,000 80,000
Account Receivable 86,000 30,000
Dividend Receivable 24,000
Inventories 90,000 70,000
Land 70,000 80,000
Building 100,000 80,000
Acc depreciation-Building (40,000) (20,000)
Equipment 120,000 200,000
Acc depreciation-Equipment (20,000) (20,000)
Investment in PT Sid 340,000
Total Assets 790,000 500,000

Account Payable 77,000 15,000

Other Liabilities 158,000 35,000
Capital stock 300,000 150,000
Retained Earning 255,000 300,000
Noncontrolling interest, Jan 1

Noncontrolling interest, Dec 31

Total liabilities + equities 790,000 500,000

Keterangan :
Pal membeli 80% kepemilikan Sid pada tanggal 1 April 2011. Nilai buku aset neto Sid sama dengan nilai wajar
Dalam akun "other liabilities" terdapat dividen yang sudah diumumkan pada tanggal 15 Desember dan belum
Pada tanggal 1 Juli 2011 Pal menjual mesin kepada Sid seharga $200,000. Mesin tersebut diperkirakan masih
Sid menggunakan metode garis lurus tanpa nilai sisa.
IDIARY
PAPER
R 31, 2011

Adjustment & Eliminations Consolidated

Debit Credit Statement
a dengan nilai wajarnya.
esember dan belum dibayar sebesar $30,000.
diperkirakan masih dapat digunakan 5 tahun lagi.
 Pal CORPORATION AND SUBSIDIARY
CONSOLIDATION WORKING PAPER
FOR THE YEAR ENDED DECEMBER 31, 2011

Description PT Pal PT Sid

Income Statement :
Sales 900,000 500,000
Devidend Income 40,000
Gain on machinery 40,000
Cost of Goods Sold (400,000) (300,000)
Depreciation expense (95,000) (60,000)
Other operating expense (185,000) (40,000)
Net Income 300,000 100,000
Noncontrolling interest share
Consolidated Net Income
Retained Earnings :
Retained Earnings, PT Pal 155,000
Retained Earnings, PT Sid 250,000
Dividends (200,000) (50,000)

Retained Earnings-Dec 31 255,000 300,000

Balance sheet :
Cash 20,000 80,000
Account Receivable 86,000 30,000
Dividend Receivable 24,000
Inventories 90,000 70,000
Land 70,000 80,000
Building 100,000 80,000
Acc depreciation-Building (40,000) (20,000)
Equipment 120,000 200,000
Acc depreciation-Equipment (20,000) (20,000)
Investment in PT Sid 340,000
Total Assets 790,000 500,000

Account Payable 77,000 15,000

Other Liabilities 158,000 35,000
Capital stock 300,000 150,000
Retained Earning 255,000 300,000
Noncontrolling interest, Jan 1

Noncontrolling interest, Dec 31

Total liabilities + equities 790,000 500,000
Keterangan :
Pal membeli 80% kepemilikan Sid pada tanggal 1 April 2011. Nilai buku aset neto Sid sama dengan nilai wajar
Dalam akun "other liabilities" terdapat dividen yang sudah diumumkan pada tanggal 15 Desember dan belum
Pada tanggal 1 Juli 2011 Pal menjual mesin kepada Sid seharga $200,000. Mesin tersebut diperkirakan masih
Sid menggunakan metode garis lurus tanpa nilai sisa.
UBSIDIARY
NG PAPER
MBER 31, 2011

Adjustment & Eliminations Consolidated

Debit Credit Statement
ma dengan nilai wajarnya.
Desember dan belum dibayar sebesar $30,000.
ut diperkirakan masih dapat digunakan 5 tahun lagi.
 Pon CORPORATION AND SUBSIDIARY
CONSOLIDATION WORKING PAPER
FOR THE YEAR ENDED DECEMBER 31, 2011

Adjustment & Eliminatio

Description PT Pon PT Son
Debit

Income Statement :

Sales 112,000 50,000

Devidend Income 4,000

Cost of Goods Sold (60,000) (20,000)

Other operating expense (21,000) (6,000)

Preacquisition Income

Net Income 35,000 24,000

Noncontrolling interest share

Consolidated Net Income

Retained Earnings :

Retained Earnings, PT Pon 30,000

Retained Earnings, PT Son 20,000

Dividends (20,000) (10,000)

Retained Earnings-Dec 31 45,000 34,000

Balance sheet :

Cash 5,600 8,000

Account Receivable 12,000 17,000

Inventories 30,000 10,000

Land 50,000 40,000

Building 100,000 60,000

Acc depreciation-Building (25,000) (30,000)

Equipment 80,000 50,000

Acc depreciation-Equipment (20,000) (20,000)

Investment in PT Son 82,400

Goodwill

Total Assets 315,000 135,000

Account Payable 15,000 16,000

Other Liabilities 75,000 35,000

Capital stock 180,000 50,000

Retained Earning 45,000 34,000

Noncontrolling interest, Jan 1

Noncontrolling interest, Dec 31

Total liabilities + equities 315,000 135,000

Pon Corp memperoleh 80% kepemilikan di Son pada tanggal 1 Oktober 2011 seharga $82,400, dimana ekuitas So
kecuali Goodwill $16,000.
Pada bulan Nopember 2011, Pon menjual inventory ke Son seharga $12,000 dengan gross profit $3,000. Sepertig
belum terjual sampai akhir tahun 2011 dan $6,000 belum dibayar.
Son mengumumkan dan membayar deviden dalam jumlah yang sama pada tanggal 15 Maret dan 15 Nopember,
merata sepanjang tahun.
 Cara II

& Eliminations
Consolidated Statement
Credit
a ekuitas Son sama dengan nilai wajarnya

00. Sepertiga dari inventory ini masih

Nopember, dan pendapatan diasumsikan

 Pon CORPORATION AND SUBSIDI
CONSOLIDATION WORKING PAP
FOR THE YEAR ENDED DECEMBER 31

Description PT Pon PT Son

Income Statement :

Sales 112,000 50,000

Devidend Income 4,000
Cost of Goods Sold (60,000) (20,000)
Other operating expense (21,000) (6,000)
Net Income 35,000 24,000
Noncontrolling interest share

Consolidated Net Income

Retained Earnings :

Retained Earnings, PT Pon 30,000

Retained Earnings, PT Son 20,000
Dividends (20,000) (10,000)

Retained Earnings-Dec 31 45,000 34,000

Balance sheet :

Cash 5,600 8,000

Account Receivable 12,000 17,000
Inventories 30,000 10,000
Land 50,000 40,000
Building 100,000 60,000
Acc depreciation-Building (25,000) (30,000)
Equipment 80,000 50,000
Acc depreciation-Equipment (20,000) (20,000)
Investment in PT Son 82,400
Goodwill

Total Assets 315,000 135,000

Account Payable 15,000 16,000

Other Liabilities 75,000 35,000
Capital stock 180,000 50,000
Retained Earning 45,000 34,000
Noncontrolling interest, Jan 1

Noncontrolling interest, Dec 31

Total liabilities + equities 315,000 135,000

Pon Corp memperoleh 80% kepemilikan di Son pada tanggal 1 Oktober 2011 seharga $82,400
kecuali Goodwill $16,000.
Pada bulan Nopember 2011, Pon menjual inventory ke Son seharga $12,000 dengan gross pro
belum terjual sampai akhir tahun 2011 dan $6,000 belum dibayar.
Son mengumumkan dan membayar deviden dalam jumlah yang sama pada tanggal 15 Maret d
merata sepanjang tahun.
N AND SUBSIDIARY
WORKING PAPER
D DECEMBER 31, 2011
Adjustment & Eliminations
Consolidated Statement
Debit Credit
11 seharga $82,400, dimana ekuitas Son sama dengan nilai wajarnya

0 dengan gross profit $3,000. Sepertiga dari inventory ini masih

tanggal 15 Maret dan 15 Nopember, dan pendapatan diasumsikan