Contoh Journal Entries pada Akuntansi Biaya

 

1.       Purchase of materials direct or indirect on credit$89,000.

Materials control                                                            $89000

              Account payable control                                                   $89000

 

Contoh Soal Income Statement, RE, dan Statement of Financial position

   Presented below are number of account balance for Barakah Corp., for the current year 2011

Retained Earning January 1, 2009	600,000		Land	500,000
Unrealized holding gain on available for sale securities	19,500		Equipment-at cost	1,400,000
Gains from fixed assets revaluations	7,000		Accumulated Depreciation-Equipment	300,000
Depreciation overstatement due to error in 2008	15,000		Building	1,600,000
Cash Dividend Declared	155,000		Accumulated Depreciation-Building	200,000
Cash	880,000		Payroll Taxes Payable	50,000
Sales	1,800,000		Prepaid Insurance	50,000
Rent Revenue	36,000		Trading Securities	20,000
Dividend Revenue	77,000		Preferred, Authorized 20,000, $ 10 Par value	200,000
Cost of Goods Sold	880,000		Common, Authorized 220,000, $ 1 par value	150,000
Income Taxes for Income Before Income Taxes	31,500		Bond Payable	300,000
Notes Payable to Banks	280,000		Discount on Bond Payable	30,000
Notes Receivable	460,000		Long-Term rental obligation	480,000
Income Tax Receivable	12,000		Selling Expense	133,000
Goodwill	100,000		Administrative Expense	210,000
Account Payable	800,000		Rent Payable-short term	40,000
Unsecured notes payable	1,600,000		Taxes Payable	10,000
Inventories	478,000		Loss on discontinued operations	25,000

Assume that notes receivable and notes payables are short-term, unless stated otherwise. Cost and fair value of trading securities are the same.

You are as a financial accounting consultant; please prepare financial statement for 2009:

a.    Comprehensive income, with a second income statement or a combined statement of comprehensive income

b.     Retained Earnings Statement

c.     Statement of Financial Position

How to find Cost of Good Manufature ???

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