Soal Special Edition

Akuntansi Keuangan Menengah II

1. Current Liabilities
Dokyungso Company sells televisions at an average price of $900 and also offers to each
customer a separate service-type warranty contract for $90/year. that requires the company to
perform periodic services and to replace defective parts. During 2014, the company sold 300
televisions and for additional warranty contracts for cash for 3 years. And warranty is given
by the company for 2 years is $150. Assume sales occurred on December 31, 2014, and
straight-line recognition of warranty revenues occurs.

Instructions

a. Record any necessary journal entries in 2014.

b. What amounts relative to the 2014 television warranties would appear on the
December 31, 2014, statement of financial position ?

In 2015, Dokyungso Company incurred actual costs relative to 2014 television warranty sales
of $50,000 for parts and $45,000 for labor.

a. Record any necessary journal entries in 2015

b. What amounts relative television warranties would appear onthe December 31, 2015,
statement of financial position ?

2. Noncurrent liabilities

IKON 6-percent bonds were issued on May 1, 2015, to yield 8 percent. its five-year bonds.
Bonds is $100.000 and interest expense paid at 1 January and 1 July.
a. Jurnal saat penerbitan
b. Jurnal saat pembayaran bunga 1 July 2015 dan utang bunga yang tercatat pada 31
Desember 2015 (sajikan effective interest method – schedule)
c. Jika pada 1 January 2018 IKON melunasi bonds tersebut at 102, maka buatlah jurnal
pelunasannya
3. Equity
Kai Comp has two classes of share capital outstanding: 8%, $20 par preference and $5 par
ordinary. At December 31, 2014, the following accounts were included in equity.
Share Capital—Preference, 150,000 shares $3,000,000
Share Capital—Ordinary, 2,000,000 shares $10,000,000
Share Premium—Preference 200,000
Share Premium—Ordinary 27,000,000
Retained Earnings 4,500,000

The following transactions affected equity during 2015. :

Jan. 1 30,000 preference shares issued at $22 per share.

Feb. 1 50,000 ordinary shares issued at $20 per share.
June 1 2-for-1 share split
July 1 30,000 ordinary treasury shares purchased at $10 per share. Hatch uses the cost
method.
Sept. 15 10,000 treasury shares reissued at $11 per share.
Sept 30 10.000 treasury shares reissued at $8 peshare
Dec. 31 The preference dividend is declared, and an ordinary dividend of 0.5 per share is
declared.
Dec. 31 Net income is $2,100,000.

Yang diminta :
1. Jurnal yang terkait transaksi diatas
2. Equity section of the statement of financial position for Hatch Company at December
31, 2015.