Chapter 5

Intercompany-profit Transaction
Plant Asset

Chapter 6 : Intercompany
04/17/2020 profit Transaction - Plant 1
Asset
 Plant Asset

Nondepreciable Assets
Exp : Land

Depreciable Assets
Exp : Building, Equipment etc

Chapter 6 : Intercompany profit

04/17/2020 Transaction - Plant Asset 2
 Intercompany-profit Transaction
Nondepreciable Asset (land)

2005
Parent Subsidiary
Sold to
Acquired at price Cost = 32.000
45.000
Jurnal :
Land 45.000 Cash 45.000
Cash 45.000 Land 32.000
Gain on sale of land 13.000
Chapter 6 : Intercompany profit
3 04/17/2020 Transaction - Plant Asset
 Consolidated Working Papers-2005
Accounts Parents Subsidry Debit Credit Cons. FS
Income St:
Gain on Sale 13.000 13.000 0
of Land
Balance sheet :
Land 45.000 13.000 32.000

Jurnal Eliminasi-WP 2005 :

Gain on Sale of Land 13.000

Land 13.000

Chapter 6 : Intercompany profit

04/17/2020 Transaction - Plant Asset 4
Jika penjualan tanah terjadi di tahun 2005, maka pembuatan
Kertas Kerja Konsolidasi – 2006 & selanjutnya :

Accounts Parents Subsidry Debit Credit Cons. FS

Income St:

Balance sheet :
Land 45.000 13.000 32.000
Jurnal Eliminasi-WP 2006 :

Retained Earnings % P x 13.000

NCI Equity % NCI x 13.000
Land 13.000

Chapter 6 : Intercompany profit

04/17/2020 Transaction - Plant Asset 5
 Perhitungan NCI Expense – Tahun Penjualan Tanah (2005)

Down stream

NCI Expense = % NCI x Net Income ‘ S

Up stream

NCI Expense = % NCI x (Net Income ‘S – Gain on Land)

Chapter 6 : Intercompany profit

04/17/2020 Transaction - Plant Asset 6
Perhitungan NCI Expense – Tahun Setelah Penjualan Tanah (2006
dst)

Down stream

NCI Expense = % NCI x Net Income ‘ S

Up stream

NCI Expense = % NCI x Net Income ‘S

Chapter 6 : Intercompany profit

04/17/2020 Transaction - Plant Asset 7
 Intercompany-profit Transaction
Depreciable Plant Asset

1/1/2005
Subsidiary Parent
Sold to

Cost = 32.000
Acquired at price
Acc depr = 12.000 45.000
Book value= 20.000 Useful life 5 years
04/17/2020 Chapter 6 : Intercompany profit 8
Transaction - Plant Asset
 Jurnal terpisah Parent & Subsidiary
Subsidiary Parent
1/1 Cash 45.000 1/1 Equipmnt 45.000
Acc. Depr 12.000 Cash 45.000
Equipm 32.000
Gain on Sale 25.000

31/12 Depr Exp-Eqpm 9.000*

Acc. Depr 9.000
*45.000 : 5

Karena Parent mencatat Equipment pada cost Rp 45.000,-, maka

besarnya Beban Penyusutan & Akumulasi Penyusutan juga
didasarkan pada cost Rp 45.000 dibagi 5 tahun (jika metode
garis lurus).
Dari sudut konsolidasi, besarnya penyusutan dihitung dari
Rp 20.000 : 5 = Rp 4.000,-
04/17/2020 Chapter 6 : Intercompany profit 9
Transaction - Plant Asset
 Consolidated Working Papers-31/12/2005
Accounts Parents Subsidry Debit Credit Cons. FS
Income St:
Gain on Sale Eq 25.000 25.000 0
Depreciation exp (9.000) 5.000 (4.000)

Balance sheet :
Equipment 45.000 25.000 20.000
Acc depr ( 9.000) 5.000 (4.000)

Jurnal Eliminasi-WP 2005 :

Gain on Sale of Equipment 25.000
Equipment 25.000
Acc. Depr 5.000
Depr. Exp 5.000
04/17/2020 Chapter 6 : Intercompany profit 10
Transaction - Plant Asset
 Consolidated Working Papers-31/12/2005
Accounts Parents Subsidry Debit Credit Cons. FS
Income St: 25.000
Loss on Sale Eq (25.000) 0
Depreciation exp (4.000) 5.000 (9.000)
Balance sheet :
Equipment 20.000 25.000 45.000
Acc depr ( 4.000) 5.000 (9.000)

Jurnal Eliminasi-WP 2005 :

Equipment 25.000
Loss on Sale of Equipment 25.000

Depr. Exp 5.000

Acc. Depr 5.000
04/17/2020 Chapter 6 : Intercompany profit 11
Transaction - Plant Asset
 Consolidated Working Papers-31/12/2006
Accounts Parents Subsidry Debit Credit Cons. FS
Income St:
Depreciation exp 9.000 5.000 (4.000)
Balance sheet :
Equipment 45.000 25.000 20.000
Acc depr (18.000) 5.000 (8.000)
Jurnal Eliminasi-WP 2006 : 5.000
Retained Earnings 20.000 x 80%
NCI Equity 20.000 x 20%
Acc. Depr -05 5.000
Equipment 25.000
Acc. Depr 5.000
04/17/2020
Depr. Exp Chapter 65.000
: Intercompany profit Transaction - 12
Plant Asset
 Consolidated Working Papers-31/12/2007
Accounts Parents Subsidry Debit Credit Cons. FS
Income St:
Depreciation exp 9.000 5.000 (4.000)
Balance sheet :
Equipment 45.000 25.000 20.000
Acc depr (27.000) 15.000 (12.000)
Jurnal Eliminasi-WP 2007 : 5.000
Retained Earnings 15.000 x 80%
NCI Equity 15.000 x 20%
Acc. Depr -05 10.000
Equipment 25.000
Acc. Depr 5.000
04/17/2020
Depr. Exp Chapter 65.000
: Intercompany profit Transaction - 13
Plant Asset