HOME OFFICE B

1 Branch $ 12,500,000 1
Shipment to Branch $ 10,000,000
UIIP $ 2,500,000

2 Purchase $ 12,000,000 2
Accounts Payable $ 12,000,000

Accounts Receivable $ 15,000,000

Sales Revenue $ 15,000,000

3 Operating Expense $ 3,000,000 3

Cash $ 3,000,000
Operating Expense $ 200,000
Branch $ 200,000
Acc Depreciation $ 400,000

4 Accounts Payable $ 8,000,000 4

Cash $ 8,000,000

Cash $ 10,000,000
Accounts Receivable $ 10,000,000

5 Shipment to Branch $ 640,000 5

UIIP $ 160,000
Branch $ 800,000

6 Branch $ 600,000 6
Accounts Receivable $ 600,000

7 Cash $ 3,000,000 7
Branch $ 3,000,000

ADJUSTMENT
1 Income Summary $ 3,000,000 1
Merchandise Inventory $ 3,000,000

2 Merchandise Inventory $ 1,800,000 2

Income Summary $ 1,800,000

CLOSING
1 Sales Revenue $ 15,000,000 1
Shipment to Branch $ 9,360,000
Income Summary $ 9,160,000
Purchase $ 12,000,000
Operating Expense $ 3,200,000
 2 Branch Loss $ 1,650,000 2
Branch $ 1,650,000

3 UIIP $ 2,810,000 3
Branch income $ 2,810,000

4 Branch Income $ 1,160,000

Income Summary $ 1,160,000

5 Income Summary $ 9,120,000

Retained Earnings $ 9,120,000
INCOME SUMMARY HO
$ 3,000,000 $ 1,800,000
$ 9,160,000
$ 9,120,000 $ 1,160,000
$ 12,120,000 $ 12,120,000

ELIMINATION
1 Home Office $ 9,500,000
Branch $ 9,500,000

2 UIIP $ 200,000
Merchandise Inv - Beg $ 200,000

3 Shipment to Branch $ 9,360,000

UIIP $ 2,340,000
Shipment from HO $ 11,700,000

4 Inventory End (I/S) $ 270,000

Inventory End (B/S) $ 270,000
 BRANCH (PONTIANAK)
Shipment from HO $ 12,500,000 Shipment
Home Office $ 12,500,000 Sales 125%
Cost 100%
G/p 25%
Purchase $ 10,000,000
Accounts Payable $ 10,000,000 Mark Up From Cost(Harga Pokok)
Sales 125%
Accounts Receivable $ 22,000,000 Cost 100%
Sales Revenue $ 22,000,000 G/P 25%

Operating Expense $ 1,550,000

Cash $ 1,550,000

Operating Expense $ 200,000

Home Office $ 200,000

Accounts Payable $ 7,000,000

Cash $ 7,000,000

Cash $ 8,000,000
Accounts Receivable $ 8,000,000

Home Office $ 800,000

Shipment from HO $ 800,000

Cash $ 600,000
Home Office $ 600,000

Home Office $ 3,000,000

Cash $ 3,000,000

Income Summary $ 2,000,000

Merchandise Inventory $ 2,000,000
*dari HO $ 1,200,000

Merchandise Inventory $ 1,800,000

Income Summary $ 1,800,000
*dari HO $ 1,350,000

Sales Revenue $ 22,000,000

Income Summary $ 1,450,000
Shipment from HO $ 11,700,000
Operating Expense $ 1,750,000
Purchase $ 10,000,000
Branch Loss $ 1,650,000
Income Summary $ 1,650,000

Pengakuan UIIP Cabang NoviNur

Sales (ada Markup) UIIP Sales 120%
Beginning $ 1,200,000 $ 200,000 Cost 100%
+/+Shipment $ 12,500,000 $ 2,500,000 G/P 20%
-/- Retur $ -800,000 $ -160,000
-/-Ending $ 1,350,000 $ 270,000
REALIZED = $ 2,810,000
 Shipment RUMUS= %yg dicari/%yang diketahui * nominal
$ 12,500,000 $ 800,000
$ 10,000,000 $ 640,000
$ 2,500,000 $ 160,000

From Cost(Harga Pokok) Mark Up From Sales(Harga Jual)

Cost + G/P Sales 100%
Cost 75% Sales - G/p
G/P 25%
PT Barbie Akuisisi PT Ken
A. Normal Earnings FV ASSET
Fair Value Assets $ 350,000,000 FV LIABILITIES
Fair Value Liabilities $ 192,500,000
Net Assets $ 157,500,000
ROA 15%
Normal Earnings $ 23,625,000

B. Average Earnings
2017 2018 2019
Sales Revenue $ 145,000,000 $ 181,250,000 $ 226,562,500
-/-COGS (60%*Sales Revenue) $ 87,000,000 $ 108,750,000 $ 135,937,500
Gross Profit $ 58,000,000 $ 72,500,000 $ 90,625,000
-/- Operating Expense (40%*G/P) $ 23,200,000 $ 29,000,000 $ 36,250,000
Pretax Income $ 34,800,000 $ 43,500,000 $ 54,375,000
Depreciation -Building $ -647,250 $ -647,250 $ -647,250
Depreciation - Equipment $ 225,000 $ 225,000 $ 225,000
Depreciation - Machine $ -360,000 $ -360,000
Extraordinary Gain $ -870,000
Extraordinary Loss $ 1,087,500
Adjusted Earnings $ 34,377,750 $ 41,847,750 $ 54,680,250
Average Earnings $ 43,635,250

C. PV of Excess Earnings (*not capitalized)

Average Earnings $ 43,635,250
-/- Normal Earnings $ 23,625,000
Excess Earnings $ 20,010,250

ROI 25%
PV of Excess Earnings $ 80,041,000

D. Implied Offering Price

Net asset $ 157,500,000
+/+ PV of Excess Earnings $ 80,041,000
Implied Offering Price $ 237,541,000
$ 350,000,000
$ 192,500,000
1-Mar Pembelian 300 unit dari India Purchase
Accounts Payable
(300 unit x 80 Euro x spot rate 17.200)

Hedging Pembelian FC Receivable from ED

RP Payable to ED
(300 unit x 80 x forward rate 18.250)

5-Aug Penjualan 200 unit Accounts Receivable

Sales Revenue
(200 unit x 150 dollar x SR 10700)

Hedging Penjualan RP Receivable to ED

FC Payable from ED
(200 unit x 150 dollar x SR 11500)

1-Oct Settlement 1 Maret Accounts Payable

(SR 1 mar - SR 1 oct) Transaction Gain
(300 unit x 80 Euro x 17200-17000)

Settlement 1 Maret Transaction Loss

(FR 1 mar - SR 1 oct) FC Receivable from ED
(300 unit x 80 euro x 18250 - 17000)

RP Payable to ED
(FR 1 mar) Cash
(300 unit x 80 euro x 18250)

Investment in foreign currency

(SR 1 oct) FC Receivable from ED
(300 unit x 80 euro x 17000)

Accounts Payable
(SR 1 oct) Investment in foreign currency
(300 unit x 80 euro x 17000)

1-Nov Purchase
(SR 1 nov) Accounts Payable
(45.000 Ringgit x SR 3510)

31-Dec Transaction Loss

(SR 5 aug - SR 31 dec) Accounts Receivable
(200 unit x 150 dollar x 10700 - 9850)

FC Payable from ED
Transaction Gain
(200 unit x 150 dollar x 11500 - 10500)

31-Dec Accounts Payable

Transaction Gain
 (45.000 ringgit x 3510 - 3200)

1-Feb Accounts Receivable

Transaction Gain
(200 unit x 150 dollar x 9850 - 10125)

FC Payable from ED
Transaction Gain
(200 unit x 150 dollar x 10500 - 10125)

Investment in FC
Accounts Receivable
(200 unit x 150 dollar x 10125)

FC Payable to ED
Investment in FC
(300 unit x 80 euro x 10125)

Cash
RP Receivable from ED

Accounts Payable
Transaction Gain
(45000 MYR x 3800 -3500)
Apr-01
Accounts Payable
Cash
(45000 x 3500)
Rp 412,800,000
Rp 412,800,000

Rp 438,000,000
Rp 438,000,000

Rp 321,000,000
Rp 321,000,000

Rp 345,000,000
Rp 345,000,000

Rp 4,800,000
Rp 4,800,000

Rp 30,000,000
Rp 30,000,000

Rp 438,000,000
Rp 438,000,000

Rp 408,000,000
Rp 408,000,000

Rp 408,000,000
Rp 408,000,000

Rp 157,950,000
Rp 157,950,000

Rp 25,500,000
Rp 25,500,000

Rp 30,000,000
Rp 30,000,000

Rp 13,950,000
Rp 13,950,000
-Rp 8,250,000
-Rp 8,250,000

Rp 11,250,000
Rp 11,250,000

Rp 307,500,000
Rp 307,500,000

Rp 307,500,000
Rp 307,500,000

Rp 345,000,000
Rp 345,000,000

Rp 13,500,000
Rp 13,500,000

Rp 157,500,000
Rp 157,500,000
1. Normal Earnings FV of Net Assets x Normal Rate of Return
($168.000 - $125.000) x 9%
43.000 x 9%
3870

2. Average Adjusted Earnings

Pretax Income
Deprectiation Building
Total

Average Adjusted Earnings

($30900 + $35000 + $37750 + $13550)/4
117200/4
Rp 29,300

3. Excess Earnings Step 2 - Step 1

$29300 - $3870
Rp 25,430

4. Estimasi Goodwill Step 3 / ROI

25430 / 8%
Rp 317,875

5. Offering Price FV of Net Asset + Step 4

($168000 - $125000) + $317875
Rp 360,875
 2017 2018 2019 2020
30900 35000 37750 32800
-19250
30900 35000 37750 13550

PVIFA = (1 - (1/(1+r)^n)/r)
3.3121
Rp 84,227

Rp 127,227
 Keterangan Transaksi Home Office
1. Mengirimkan dana kerja Branch

Barang dagang dengan harga perolehan Branch

2. Membeli tunai peralatan baru Branch

3. Mengembalikan barang dagang Shipment to Branch

UIIP

4. Pembelian barang dagang Purchase

5. Melakukan penjualan tunai Accounts Receivable

Cash

6. Membayar beban operasional Operating Expense

7. Pelanggan melakukan pelunasan Cash

melalui kantor pusat

8. Menerima pelunasan piutang Cash

9. Melakukan pelunasan hutang dagang Accounts Payable

10. Menerima setoran dana Cash

11. Mengumumkan dividen tunai Cash Dividend

Jurnal Penyesuaian

1. Penyusutan Depreciation Expense

2. Beban dibayar dimuka Operating Expense

3. Beban yang masih belom dibayar Accrued Expense

4. Beginning Inventory Income Summary

5. Ending Inventory Merchandise Inventory

Untuk ke bawahnya bisa dilihat di jawaban soal yang Pahala kirim :)

 Home Office
Branch Rp 25,000,000 Cash
Cash Rp 25,000,000

Branch Rp 60,000,000 Shipment from HO

UIIP Rp 10,000,000
Shipment to Branch Rp 50,000,000

Branch Rp 60,000,000 Equipment

Cash Rp 60,000,000

Shipment to Branch Rp 3,000,000 Home Office

Rp 600,000
Branch Rp 3,600,000

Purchase Rp 225,000,000 Purchase

Accounts Payable Rp 225,000,000

Accounts Receivable Rp 270,000,000 Accounts Receivable

Rp 180,000,000
Sales Revenue Rp 450,000,000

Operating Expense Rp 95,000,000 Operating Expense

Cash Rp 95,000,000

Rp 25,000,000 Home Office

Branch Rp 25,000,000

Rp 295,000,000 Cash
Accounts Receivable Rp 295,000,000

Accounts Payable Rp 200,000,000 Accounts Payable

Cash Rp 200,000,000

Rp 25,000,000 Home Office

Branch Rp 25,000,000

Cash Dividend Rp 75,000,000 No entry

Dividend payable Rp 75,000,000

Depreciation Expense Rp 21,000,000 Depreciation Expense

Accumulated depreciation Rp 21,000,000

Operating Expense Rp 5,000,000 Operating Expense

Prepaid Expense Rp 5,000,000
 Accrued Expense Rp 27,000,000 Accrued Expense
Accrued Payable Rp 27,000,000

Income Summary Rp 135,000,000 Income Summary

Merchandise Inventory Rp 135,000,000

Merchandise Inventory Rp 70,000,000 Merchandise Inventory

Income Summary Rp 70,000,000

soal yang Pahala kirim :)

 Branch
Rp 25,000,000
Home Office Rp 25,000,000

Shipment from HO Rp 60,000,000

Home Office Rp 60,000,000

Equipment Rp 60,000,000
Home Office Rp 60,000,000

Home Office Rp 3,600,000

Shipment from HO Rp 3,600,000

Purchase Rp 80,000,000
Accounts Payable Rp 80,000,000

Accounts Receivable Rp 185,000,000

Sales Revenue Rp 185,000,000

Operating Expense Rp 35,000,000

Cash Rp 35,000,000

Home Office Rp 25,000,000

Accounts Receivable Rp 25,000,000

Rp 100,000,000
Accounts Receivable Rp 100,000,000

Accounts Payable Rp 75,000,000

Cash Rp 75,000,000

Home Office Rp 25,000,000

Cash Rp 25,000,000

No entry

Depreciation Expense Rp 6,000,000

Accumulated Depreciation Rp 6,000,000

Operating Expense Rp 2,000,000

Prepaid Expense Rp 2,000,000
Accrued Expense Rp 5,000,000
Accrued Payable Rp 5,000,000

Income Summary Rp 15,000,000

Merchandise Inventory Rp 15,000,000

Merchandise Inventory
Income Summary
1. Consignment Out Rp 2,000,000,000
Merchandise shipment on consignment Rp 2,000,000,000

Consignment Out Rp 6,000,000

Cash Rp 6,000,000

2. Cash Rp 1,200,000,000
Advance payment from consignee Rp 1,200,000,000

3. Merchandise Shipment on consignment Rp 100,000,000

Consignment Out Rp 100,000,000

No entry

4. Advance payment from consignment Rp 60,000,000

Cash Rp 60,000,000

5. No Entry

6. No Entry

No entry

7. Cash Rp 638,600,000
Advance payment Rp 1,020,000,000
Consignment Out Rp 731,750,000
Receivable from consignee Rp 159,650,000
Consignment Out Rp 2,550,000,000

8. Consignment out Rp 121,881,579

Consignment income Rp 121,881,579

9. Consignment Out Rp 121,881,579

Income summary Rp 121,881,579
 Merchandise shipment on consignment Rp 1,900,000,000
Income summary Rp 1,900,000,000

Account Sales

Sales Rp 2,550,000,000
(-/-) Changes :
Freight Out - Return Rp 250,000
Rent Expense Rp 19,000,000
Insurance Expense Rp 38,000,000
Advertising Expense Rp 28,500,000
Freight Out - Sales Rp 8,500,000
Commission Rp 637,500,000 Rp 731,750,000
Balance Rp 1,818,250,000
(-/-) Advance Payment Rp 1,020,000,000
Balance Rp 798,250,000
Remmitance Enclosed (dapet dari payable consignee remittance) Rp 159,650,000
Balance Due Rp 638,600,000
No Entry

No entry

Advance payment to consignor Rp 1,200,000,000

Cash Rp 1,200,000,000

No Entry

Consignment In Rp 250,000
Cash Rp 250,000

Cash Rp 60,000,000
Advane Payment to consignor Rp 60,000,000

Consignment in rent expense Rp 19,000,000

Cash Rp 19,000,000

Consignment in insurance expense Rp 38,000,000

Cash Rp 38,000,000

Consignment in advertising expense Rp 28,500,000

Cash Rp 28,500,000

Cash Rp 2,550,000,000
Consignment In Rp 2,550,000,000

Consignment In Rp 8,500,000
Cash Rp 8,500,000

Consignment In Rp 637,500,000
Comission on consignment sales Rp 637,500,000

Consignment In Rp 1,818,250,000
Cash Rp 638,600,000
Payable to consignor Rp 159,650,000
Advance payment Rp 1,020,000,000

No Entry

Commission on consignment sales Rp 637,500,000

Income summary Rp 637,500,000
 0.8947

Expense analysis Total (190) Sold (170)

Charges by consignor
COGS Rp 1,900,000,000 Rp 1,700,000,000
Freight Out Rp 6,000,000 Rp 5,368,421
Charges by consignee
Freight Out - Return Rp 250,000 Rp 250,000
Rent Expense Rp 19,000,000 Rp 17,000,000
Insurance Expense Rp 38,000,000 Rp 34,000,000
Advertising Expense Rp 28,500,000 Rp 25,500,000
Freight Out - Sales Rp 8,500,000 Rp 8,500,000
Commission Rp 637,500,000 Rp 637,500,000
Total Charges Rp 2,637,750,000 Rp 2,428,118,421
Consignment Sales Rp 2,550,000,000
Consignment Income Rp 121,881,579
Rp 798,250,000
 0.1053

Remaining (20)

Rp 200,000,000
Rp 631,579

Rp 2,000,000
Rp 4,000,000
Rp 3,000,000

Rp 277,657,895