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    Extra Session 1 (16 Sept 2022) Spreadsheet (CH 2)

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    georgius gabriel
    The document discusses accounting problems involving investments and calculating consideration amounts, income, dividends, and net asset values. It includes multiple questions about determining amounts for investments, income, dividends, and ending investment balances.

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    Extra Session 1 (16 Sept 2022) Spreadsheet (CH 2)

    Uploaded by

    georgius gabriel
    11 views3 pages
    The document discusses accounting problems involving investments and calculating consideration amounts, income, dividends, and net asset values. It includes multiple questions about determining amounts for investments, income, dividends, and ending investment balances.

    Original Title

    Extra session 1 (16 Sept 2022) spreadsheet (Ch 2)

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    The document discusses accounting problems involving investments and calculating consideration amounts, income, dividends, and net asset values. It includes multiple questions about determining amounts for investments, income, dividends, and ending investment balances.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    11 views3 pages

    Extra Session 1 (16 Sept 2022) Spreadsheet (CH 2)

    Uploaded by

    georgius gabriel
    The document discusses accounting problems involving investments and calculating consideration amounts, income, dividends, and net asset values. It includes multiple questions about determining amounts for investments, income, dividends, and ending investment balances.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    You are on page 1of 3

    Question 2 (1)

    consideration 1680 30%

    a. consideration - 30% fv of net assets 300 goodwill fv of net assets


    b. 30% fv of net assets - 30% bv of net assets 210 differential 4600 1380
    c. consideration - 30% bv of net assets 510 30%
    c=a+b bv of net assets
    100% 30% 3900 1170
    Inventories (1 year) Under 200 60 30%
    Land Under 800 240
    Buildings-net (10 years) Under 500 150
    Equipment-net (7 years) Over -700 -210
    Bonds payable (5 years) reverse Under -100 -30
    700 210

    Investment in S 1680
    Cash 1680
    Investment in S 321
    Income from Investment in S 321
    Cash 180
    Investment in S 180

    Question 2 (2) 30%


    Income Son 1200 360
    Inventories under -60 (1/1)
    Buildings-net (10 years) under -15 (1/10)
    Equipment-net (7 years) over 30 (1/7)
    Bonds payable (5 years) under-r 6 (1/5)
    321

    Question 2 (3)
    Consideration 1680
    Income from S 321
    Dividend from S -180
    Investment in S (31 Dec 2016) 1821

    BV of net assets 3900 1-Jan-16


    Income 100% 1200
    Dividend 100% -600
    4500
    Unamortized balance 30% 1350
    Inventories under 0
    Buildings-net (9 years) under 135
    Equipment-net (7 years) over -180
    Bonds payable (5 years) under-r -24
    Goodwill (full amount) 300
    Land (full amount) 240
    Investment in S (31 Dec 2016) 1821
    Question 3 (a)
    40,000 shares 24 mp
    960 40% consideration
    2,400 960 40% fv of net assets
    2,000 800 40% bv of net assets
    a. consideration - fv of net assets (960-960) - -
    b. fv of net assets - bv of net assets (960-800) 160 differential
    c. consideration - bv of net assets (960-800) 160
    c=a+b
    100% 40%
    Inventories under 200 - 80
    Land under 400 - 160
    Buildings-net over 400 160
    Equipment-net under 200 - 80
    - 160 karena under > over
    jadi mengurangi income
    misalkan harga par value dari saham Tricia adalah sebesar $5, buatlah jurnalnya
    Investment in L 960
    common stock 200
    additional paid-in capital 760
    additional paid-in capital 20
    investment expense 80
    cash 100

    Question 3 (b)
    40,000 shares 16 mp
    640 40% consideration
    2,400 960 40% fv of net assets
    2,000 800 40% bv of net assets
    a. consideration - fv of net assets (640-960) - 320 gain on bargain
    b. fv of net assets - bv of net assets (960-800) 160 differential
    c. consideration - bv of net assets (640-800) - 160
    c=a+b
    100% 40%
    Inventories under 200 - 80
    Land under 400 - 160
    Buildings-net over 400 160
    Equipment-net under 200 - 80
    gain on bargain 320
    160

    misalkan harga par value dari saham Tricia adalah sebesar $5, buatlah jurnalnya
    Investment in L 640
    common stock 200
    additional paid-in capital 440
    additional paid-in capital 20
    investment expense 80
    cash 100
    Question 1 (1)
    25% 600,000
    1-Oct 31-Dec
    sales 900 1200
    expenses -600 -800
    income 300 400
    difference 100
    25 share of income (25%)
    investment in T 600
    cash 600
    investment in T 25
    income from investment 25
    misal: dividend sebesar 50 dibagikan 31 dec
    12.5 25% 3.125
    cash 3.125
    investment in T 3.125
    Question 1 (2)
    consideration 600
    income 25
    dividend -3.125 jika dikurangi dividend
    investment in T (31 dec) 621.875

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