Adjustment & eliminations

PKN STAN Hur Hur

Debit Credit
uf uf
Income
Statement
Sales 252 180
Dividend
………………
income
Dividend
………………
income
144 108
Expenses
including Cost
of sales

NCI Expense

Net income …………. ……………

Retained
earnings

Retained 450 234

earnings,
beginning

Add: net
…………. ……………
income
Deduct:
54
Dividend
36
Dividend S

Retained
earnings, ………….. ………..
ending
Balance
sheet
Asset other 950.4 489.4
than
Investment
Investment in
……………
S (90%)
Investment in
……………
P (10%)

Patent

Total
1436.4 615.4
Assets
Liabilities 20

Capital stock 900 320

Treasury
stock
Retained
………….. ………..
earnings
NCI S,
beginning

NCI S, ending

Total
liabilities & 1436.4 615.4
equities
Consolidated
statements
 Adjustment & eliminations
PKN STAN
Huruf Debit Huruf

Income Statement

Sales 252 180 h 50

Dividend income 32.4 b 32.4
Dividend income 5.4 c 5.4

144 108 g
Expenses including
Cost of sales h
i 10
j 4
NCI Expense d 7.14
Net income 140.4 77.4

Retained earnings

450 234 a
Retained earnings,
beginning
g 8
k 234
Add: net income 140.4 77.4
Deduct: Dividend 54 c

Dividend 36 b
S
d
Retained earnings,
536.4 275.4
ending

Balance sheet

950.4 489.4 f
Asset other than
Investment
i

Investment in S
486 a 45 k
(90%)
Investment in P
126 e
(10%)
j
Patent
k 36
Total Assets 1436.4 615.4
Liabilities 20 f 10
Capital stock 900 320 k 320
Treasury stock e 126
 Retained earnings 536.4 275.4

Treasury stock
NCI S, beginning k
NCI S, ending d

Total liabilities
1436.4 615.4 887.94
& equities

Akuisisi:
consideratioan transferred 486000
Implied Value 540000
Equity S
CS 320000
RE 180000 500000
Patent 40000
Amort/th 4000
Eliminasi
a Investment in S 45000
RE begin P 45000

RE akuisisi 180000
RE begin 17 234000
Kenaikan 54000
Amort paten -4000
Total 50000
Kenaikan Inv in S 45000

b Dividen Income 32400

Dividen S 32400

c Dividen Income 5400

Dividen P 5400

d NCI Expense 7140

Dividen 3600
NCI Ending 3540
Net Income S 72000
Dividen income S 5400
Total NI 77400
Adjust:
+unreal 2016 8000
-unreal 2017 -10000
- amort paten -4000
71400
NCI expense 7140
e Treasury Stock 126000
Investment in P 126000

f AP 10000
AR 10000

g RE 8000
COGS 8000

h Sales 50000
COGS 50000

i COGS 10000
Investory 10000

j Amorti Exp 4000

Patent 4000

k RE Begin S 234000
CS S 320000
Patent 36000
Investm in S 531000
NCI Begin 59000
nt & eliminations
Consolidated
Credit statements

382
0
0

8 208

50

7.14
166.86

45 487

166.86
5.4 48.6

32.4 0

3.6

605.26

10 1419.8

10

531 0

126 0

4
32
1451.8
10
900
-126
 605.26

59 59
3.54 3.54

887.94 1451.8