Soal 1

2-Jan Investment in S 600,000

Capital stock 300,000

Add. PIC 300,000

Investment expense 25,000

Add.PIC 15,000

Cash 40,000

Current assets 100,000

Land 100,000

Building-net 100,000

Equipment-net 240,000

Goodwill 120,000

Current liabilities 60,000

Investment in S 600,000

Soal 2

2-Jan Investment in S 3,500,000

Capital stock 2,000,000

Add. PIC 1,000,000

Cash 500,000

Investment expense 100,000

Add.PIC 50,000

Cash 150,000

Cash 240,000

AR-net 360,000

NR-net 300,000

Inventory 500,000

Other current assets 200,000

Land 200,000

Building-net 1,200,000

Equipment-net 600,000

Goodwill 900,000

AP 300,000

MP 700,000

Investment in S 3,500,000

Current assets 190,000

Land 150,000

Building-net 400,000

Equipment-net 460,000

Goodwill 120,000

Total assets 1,320,000

Current liabilities 110,000

Capital stock 800,000

Add. PIC 335,000

RE 75,000

Total liabilities + equities 1,320,000

Cash 2,590,000

AR-net 1,660,000

NR-net 1,800,000

Inventory 3,000,000

Other current assets 900,000

Land 2,200,000

Building-net 10,200,000

Equipment-net 10,600,000

Goodwill 900,000

Total assets 33,850,000

AP 1,300,000

MP 5,700,000

Capital stock 12,000,000

Add. PIC 8,950,000

RE 5,900,000

Total liabilities + equities 33,850,000

January 2, 2011

P

Trial Balance

January 2, 2011

P

Trial Balance

Soal 1

Cost 440,000 320,000 1-Jan Investment in S

BV 400,000 400,000

40,000 (80,000) Investment Expense

Add. PIC

Inventory 40,000 40,000

Land 80,000 80,000

Building (80,000) (80,000)

Equipment 40,000 40,000

Goodwill (40,000) (160,000)

40,000 (80,000)

Soal 2

Cost 383,000 1-Apr Investment in S

BV, beginning 1,000,000

Income, march 30 40,000 15-Jun Cash

Dividend, march 15 (20,000)

Ownership 306,000 15-Sep Cash

Goodwill 77,000

15-Dec Cash

Goodwill 77,000 31-Dec Investment in S

Income from S 36,000

Investment in S 401,000

Soal 3

Cost 2,240,000 1-Jan Investment in S

BV 1,560,000

680,000 31-Dec Income from S

Inventory 80,000 Income from S

Land 320,000

Buildings 200,000 10 years Investment in S

Equipment (280,000) 7 years

BP (40,000) 5 years Investment in S

Goodwill 400,000

680,000 Investment in S

Income from S 428,000 Cash

Investment in S 2,428,000

Soal 4

2009 1-Jul Investment in S

Cost 48,750

BV 45,000 1-Nov Cash

Patent 3,750

1-Jan Investment in S

2010

Cost 99,000 Investment in S

BV 135,000

Patent (36,000) RE

2009 1-May Cash

Income from S -

Investment in S 48,750 1-Nov Cash

2010 31-Dec Investment in S

Income from S 27,000

Investment in S 162,000

Investment in S 440,000 320,000

Capital stock 440,000 320,000

Investment Expense 40,000 40,000

Add. PIC 10,000 10,000

Cash 50,000 50,000

Investment in S 383,000

Capital stock 383,000

6,000

Investment in S 6,000

6,000

Investment in S 6,000

6,000

Investment in S 6,000

Investment in S 36,000

Income from S 36,000

Investment in S 2,240,000

Cash 2,240,000

Income from S 80,000

Investment in S 80,000

Income from S 20,000

Investment in S 20,000

Investment in S 40,000

Income from S 40,000

Investment in S 8,000

Income from S 8,000

Investment in S 480,000

Income from S 480,000

240,000

Investment in S 240,000

Investment in S 48,750

Cash 48,750

2,250

Dividend Income 2,250

Investment in S 99,000

Cash 99,000

Investment in S 3,000

RE 3,000

2,250

Investment in S 2,250

6,750

Investment in S 6,750

6,750

Investment in S 6,750

Investment in S 27,000

Income from S 27,000

Soal 1

FV 3,125,000

BV 2,400,000

725,000 Income Statement

Sales

Dividend Income

Expenses (inc. COGS)

80,000

inventory 10% 72,500 (14,500) NCI expense

fixed assets 40% 290,000 (7,250) Net income

goodwill 50% 362,500 RE, beginning

725,000 NCI expense 58,250 Dividends

RE, ending

Balance Sheet

Other Assets-net

inventory is used therefore increase COGS

amortization of fixed assets decreases net value

Investment in S

Goodwill

Unamortized excess

Capital stock, $10 par

Add. PIC

RE, ending

NCI, beginning

NCI, ending

Soal 2

FV 800,000

BV 600,000

200,000 Income Statement

Sales

Dividend income

25,000 Gain on sale of equipment

Inventory 10% 20,000 (5,000) COGS

Buildings 20% 40,000 10 years (1,000) Depreciation expense

Equipment 30% 60,000 5 years (3,000)

Patent 40% 80,000 10 years (2,000) Other expenses

200,000 NCI expense 14,000 NCI expense

Net income

RE, beginning

Dividends

RE, ending

Balance Sheet

Cash

AR-net

Dividend receivable

Inventories

Other current assets

Land

Building

Equipment

Investment in S

Unamortized excess

Patent

Account Payable

Dividend payable

Other liabilities

Capital stock

RE, ending

NCI, beginning

NCI, ending

Dividend Income

Dr Cr

NCI expense

4,000,000 1,000,000 5,000,000

160,000 160,000 -

3,180,000 600,000 72,500 3,888,750 Capital stock

36,250 Add. PIC

58,250 58,250 RE, beginning

980,000 400,000 1,053,000 Unamortized excess

2,020,000 800,000 800,000 2,020,000

500,000 200,000 160,000 500,000

40,000 Inventory

2,500,000 1,000,000 2,573,000 Fixed assets

Goodwill

COGS

3,850,000 2,600,000 290,000 6,703,750 Expenses

inventory is used therefore increase COGS 72,500 72,500

amortization of fixed assets decreases net value 36,250

2,500,000 2,500,000 -

362,500 362,500

725,000 725,000 -

6,350,000 2,600,000 7,066,250

3,000,000 1,000,000 1,000,000 3,000,000

850,000 600,000 600,000 850,000

2,500,000 1,000,000 2,573,000

625,000

18,250 643,250

6,350,000 2,600,000 7,066,250

Dividend income

Dr Cr

NCI expense

800,000 700,000 1,500,000

37,500 37,500 -

10,000 10,000 Capital stock

300,000 400,000 20,000 720,000 RE, beginning

155,000 60,000 4,000 Unamortized excess

12,000 231,000

160,000 140,000 8,000 308,000

14,000 14,000 Inventory

232,500 100,000 237,000 Buildings

397,500 100,000 100,000 397,500 Equipment

200,000 50,000 37,500 Patent

Adjustment & Elimination P S

Consolidated

Statements

P S Adjustment & Elimination Consolidated

Statements

12,500 200,000

430,000 150,000 434,500 COGS

85,000 60,000 145,000 Depreciation expense

100,000 70,000 10,000 160,000

15,000 15,000 - Depreciation expense

150,000 100,000 20,000 20,000 250,000

70,000 30,000 100,000 Other expense (amortization)

50,000 100,000 150,000

140,000 160,000 40,000 4,000 336,000 AP

570,000 330,000 60,000 12,000 948,000

600,000 600,000 - Dividend payable

200,000 200,000 -

80,000 8,000 72,000

1,780,000 850,000 2,161,000

200,000 85,000 10,000 275,000

100,000 20,000 15,000 105,000

50,000 95,000 145,000

1,000,000 500,000 500,000 1,000,000

380,000 150,000 434,500

200,000

1,500 201,500

1,730,000 850,000 2,161,000

Dividend Income 160,000

Dividends 160,000

NCI expense 58,250

Dividends 40,000

NCI, ending 18,250

Capital stock 1,000,000

Add. PIC 600,000

RE, beginning 800,000

Unamortized excess 725,000

Investment in S 2,500,000

NCI, beginning 625,000

Inventory 72,500

Fixed assets 290,000

Goodwill 362,500

Unamortized excess 725,000

72,500

Inventory 72,500

Expenses 36,250

Acc.dep-fixed assets 36,250

Dividend income 37,500

Dividend 37,500

NCI expense 14,000

Dividend 12,500

NCI, ending 1,500

Capital stock 500,000

RE, beginning 100,000

Unamortized excess 200,000

Investment in S 600,000

NCI, beginning 200,000

Inventory 20,000

Buildings 40,000

Equipment 60,000

80,000

Unamortized excess 200,000

20,000

Inventory 20,000

Depreciation expense 4,000

Acc.dep-bulding 4,000

Depreciation expense 12,000

Acc.dep-equipment 12,000

Other expense (amortization) 8,000

Patent 8,000

10,000

AR 10,000

Dividend payable 15,000

Dividend receivable 15,000

Soal 1

2009

Inventory 30,000

AP 30,000

AR 36,000 Inventory 36,000

Sales 36,000 AP 36,000

COGS 30,000

Inventory 30,000

AR 32,400

Sales 32,400

COGS 27,000

Inventory 27,000

Sales 36,000

COGS 36,000

COGS 1,500

Inventory 1,500

2010

AR 10,800

Sales 10,800

COGS 9,000

Inventory 9,000

RE 1,500

COGS 1,500

Soal 2

2009

Inventory 30,000

AP 30,000

AR 36,000 Inventory 36,000

Sales 36,000 AP 36,000

COGS 30,000

Inventory 30,000

AR 32,400

Sales 32,400

COGS 27,000

Inventory 27,000

Sales 36,000

COGS 36,000

COGS 1,500

Inventory 1,500

2010

AR 10,800

Sales 10,800

COGS 9,000

Inventory 9,000

SP

P S

RE 1,350

NCI 150

COGS 1,500

Soal 3

Sales 100,000

COGS 100,000

RE 3,000 Sales 900,000 350,000

NCI 2,000 COGS 400,000 250,000

COGS 5,000

COGS 10,000 Operating exp. 250,000 50,000

Inventory 10,000 NCI expense

Net income 250,000 50,000

P S

Dr Cr

100,000 1,150,000

10,000 100,000

5,000 555,000

300,000

38,000 38,000

257,000

Consolidated

Statements

Adjustment & Elimination