EX 9-8

A
NUMBERS OF
CUSTOMER BALANCE DUE DATE
DUE DATE

PT ORION PRATAMA Rp 44,500,000 May-01 123 days

PT HORIZON 21,000,000 Jun-20 73 days
PT ARI DUTA 7,500,000 Jul-13 50 days
PT SWAGRIYA 14,000,000 Sep-19 not past due
PT SEMBADA 13,000,000 Aug-07 25 days

B
Aging of Receiveables Schedule
Aug-31
NOT PAST DAYS PAST DUE
CUSTOMER BALANCE
DUE 1 - 30 DAYS 31 - 60 DAYS 61 - 90 DAYS OVER 90 DAYS
PT ADIKA BERDIKARI 3,000 3,000
PT ARINDA KARYA 4,500 4,500

PT WAHANA BUANA 5,000 5,000

SUBTOTALS 1,050,000 600,000 220,000 115,000 85,000 30,000
PT ORION PRATAMA 44,500,000 44,500,000
PT HORIZON 21,000,000 21,000,000
PT ARI DUTA 7,500,000 7,500,000
PT SWAGRIYA 14,000,000 14,000,000
PT SEMBADA 13,000,000 13,000,000
TOTALS Rp101,050,000 Rp14,600,000 Rp13,220,000 Rp7,615,000 Rp21,085,000 Rp44,530,000
EX 9-24
ENTRIES FOR RECEIPT AND DISHONOR OF NOTES RECEIVABLE
DATE ACCOUNT TITLE DEBIT CREDIT
April 18 Notes Receivable Rp60,000,000
Accounts Receivable - Glen Permana Rp60,000,000

30 Notes Receivable 42,000,000

Accounts Receivable - Roni Sanjaya 42,000,000

May 18 Accounts Receivable - Glen Permana 60,350,000

Notes Receivable 60,000,000
Interest Revenue 350,000

June 29 Accounts Receivable - Roni Sanjaya 42,560,000

Notes Receivable 42,000,000
Interest Revenue 560,000

August 16 Cash 61,557,000

Accounts Receivable - Glen Permana 60,350,000
Interest Revenue 1,207,000

October 22 Allowance for Doubtful Accounts 42,560,000

Accounts Receivable - Roni Sanjaya 42,560,000
PR 9-2B
1
CUSTOMER BALANCE DUE DATE
Salon Marisa Rp10,000,000 Aug. 17, 2015
Daya Cipta 8,500,000 Oct. 30, 2015
Marina Hair Products 7,500,000 July 3, 3015
Sania Hair Care 6,600,000 Sept. 8, 2015
Rancak Kreasi 3,600,000 Nov. 23, 2015
Salon Indah 1,400,000 Nov. 29, 2015
Top Hair Designs 4,000,000 Dec. 7, 2015
Anggun Hair & Nail 9,000,000 Jan. 11, 2016

2&3
Aging of Receivables Schedule
December 31, 2015
CUSTOMER BALANCE NOT PAST DUE
Salon Mahkota Rp15,000,000 15,000,000
Patricia Wigs 8,000,000

Salon Lanang 3,000,000

Subtotals 875,000,000 415,000,000
Salon Marisa 10,000,000
Daya Cipta 8,500,000
Marina Hair Products 7,500,000
Sania Hair Care 6,600,000
Rancak Kreasi 3,600,000
Salon Indah 1,400,000
Top Hair Designs 4,000,000
Anggun Hair & Nail 9,000,000 9,000,000
TOTALS Rp925,600,000 Rp424,000,000
Percentage uncollectible 1%
Estimate of uncollectible
Accounts Rp123,235,000 Rp4,240,000

4
Bad Debt Expanse Rp115,860,000
Allowance for Doubtful Accounts Rp115,860,000
Uncollectible accounts estimate
 (123,235,000-7,375,000)

On the balance sheet, assets would be

overstated by Rp115,860, since the
allowance for doubtful accounts would be
understated by Rp115,860. In addition, the
owner’s capital account would be
overstated by Rp115,860, since bad debt
expense would be understated and net
income overstated by Rp115,860 on the
income statement.
 NUMBER OF DAYS PAST DUE
136 days
62 days
181 days
114 days
38 days
32 days
24 days
not past due

Aging of Receivables Schedule

December 31, 2015
DAYS PAST DUE
1 - 30 days 31 - 60 days 61 - 90 days 91 - 120 days

8,000,000

3,000,000
210,000,000 112,000,000 55,000,000 18,000,000

8,500,000

6,600,000
3,600,000
1,400,000
4,000,000

Rp214,000,000 Rp117,000,000 Rp63,500,000 Rp24,600,000

4% 16% 25% 40%

Rp8,560,000 Rp18,720,000 Rp15,875,000 Rp9,840,000

Over 120 days

65,000,000
10,000,000

7,500,000

Rp82,500,000
80%

Rp66,000,000