I. Jelaskan dengan singkat mengapa setiap penurunan current assets, net income harus ditambah sebesar selisih penurunan current assets dalam penyusunan cash flows indirect method
II. Jelaskan dengan singkat mengapa setiap penurunan current Liability, net income harus dikurangi sebesar selisih penurunan current liability dalam penyusunan cash flows indirect method
III. Selesaikan soal - soal berikut
A. The current sections of Nexians balance sheets at December 31, 2010 and 2011, are presented here.
Nexians net income for 2011 was $153,000. Depreciation expense was $24,000.
2011 : 2010
Current assets
Cash $105,000 : $99,000
Accounts receivable 110,000 : 89,000
Inventory 158,000 :172,000
Prepaid expenses 27,000 : 22,000
Total current assests $400,000 : $382,000
Current liabilites
Accrued expenses payable $15,000 : $5,000
Accounts payable 85,000 : 92,000
Total current liabilities $100,000 : $97,000
Instructions
Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31,2011, using the indirect method.
B.DEXIAN COMPARATIVE BALANCE SHEET
2011: 2010
Cash $14,300 : $10,700
Accounts receivable 21,200 : 23,400
Land 20,000 : 26,000
Building 70,000 : 70,000
Accumulated depreciation (15,000) :(10,000)
Total $110,500 : $120,100
Accounts payable $12,370 : $31,100
Common stock 75,000 : 69,000
Retained earnings 23,130 : 20,000
Total $110,500 : $120,100
Additional information:
1. Net income was $22,630. Dividends declared and paid were $19,500.
2. All other changes in noncurrent account balances had a direct effect on cash flows, except the change in accumulated depreciation. The land was sold for $4,900.
Instructions
(a) Prepare a statement of cash flows for 2011 using the indirect method.
C. Comparative financial statement data for Carmana Company follow (in Thousand dollar):
2009 : 2008
Cash $3: $6
Accounts receivable 22 : 24
Inventory 50 : 40
Plant and Equipment 240:200
Less accumulated depreciation(65):(50)
Total assets $250: $220
Accounts payable $40 : $36
Common stock 150 :145
Retained earnings 60:39
Total liabilities and stockholders' equity $250 :$220
For 2009, the company reported net income as follows:
Sales $275
Cost of goods sold 150
Gross margin 125
Selling and administrative expenses 90
Net income $ 35
Dividends of $14 were declared and paid during 2009.
Requirement 1:
Using the indirect method, prepare a statement of cash flows for 2009.
IV Jelaskan, apa, mengapa dan, bagaimana rekonsiliasi bank
Soal dikumpulkan paling lambat pukul 20.00 WIB Hari senin
Wednesday, October 5, 2011
TUGAS KE - 2 KELAS 2B
I. Jelaskan mengapa setiap kenaikan pada current Assets, net income harus dikurangi sebesar selisih kenaikan tersebut dalam penyusunan cash flows indirect method !
II. Jelaskan Mengapa setiap kenaikan pada Current Liability, net income harus ditambah
sebesar selisih kenaikan tersebut dalam penyusunan cash flows indirect method !
III.Selesaikan soal berikut :
A.The following information is available from the Dexon Company accounting records:
1)Cash account balances: January 1, 2008, $43,000; December 31, 2008, $18,000.
2)The balance in accounts receivable decreased by $10,000 during the year from $60,000. The company had no short-term investments.
3)Inventory increased $9,000 to $80,000.
4)Accounts payable increased $3,000 during the year to $32,000. Income tax payable increased $4,000 during the year to $8,000. Wages payable decreased by $5,000 to $4,000. There were no other current liabilities.
5)During December 2008, the company settled a $10,000 note payable by issuing shares of its own capital stock with equivalent value.
6)Cash expenditures during 2008 were:
a.payment of long-term debts, $64,000;
b.purchase of new operational assets, $74,000;
c.payment of a cash dividend, $16,000;
d.purchase of land as an investment, $25,000.
7)Sale and issuance of DEXON Company capital stock for $20,000 cash.
8)Issuance of long-term mortgage note, $30,000.
9)Sale of some old operational assets resulting in the following entry:
Cash $5.000 (DR)
Accumulated Depreciation $12.000(DR)
Operational Assets $15.000 (CR)
Gain of sale of operating assets $2.000 (CR)
10)Income statement data:
Sales Revenue :$ 295.000
Cost of good sold :($140.000)
Depreciation Expense ($14.000)
Paten amortization ($1.000)
income tax expense ($17.000)
Selling expenses ($ 42.000)
gain on sale of operating assets $2.000
Net income $83.000
Instructions
Prepare a statement of cash flows using the indirect method.
B.Prepare a statement of Cash Flows (Indirect Method)
Comparative financial statement data for Salsa Company (in Thousand Dollar)
31-Dec
2007 :2006
Cash 4 :7
Accounts Recievable 36 : 29
Inventory 75 : 61
Plant and Equipment 210 : 180
Accumulated Depreication (40) :(30)
Total Assets 285 : 247
Accounts Payable 45 : 39
Common Stock 90 : 70
Retained Earnings 150 : 138
Total liabilities and stockholder's equity 285 : 247
For 2007, the company reported net income as follows:
Sales 500
Cost of Goods Sold (300)
Gross Margin 200
Selling and admin expense (180)
Net Income 20
Dividends of $8 were declared and paid during 2007.
Required
Using the indirect method, prepare a statement of cash flows for 2007.
IV. Jelaskan apa yang dimaksud dengan rekonsiliasi bank, kenapa diperlukan rekonsiliasi bank dan jealskan secara singkat cara melakukan rekonsiliasi bank
Perhatian :
Tugas dikumpulkan paling lambat pukul 20.00 WIB Senin, akun menggunakan bahasa inggris, yang lainnya menggunakan bahasa Indonesia
II. Jelaskan Mengapa setiap kenaikan pada Current Liability, net income harus ditambah
sebesar selisih kenaikan tersebut dalam penyusunan cash flows indirect method !
III.Selesaikan soal berikut :
A.The following information is available from the Dexon Company accounting records:
1)Cash account balances: January 1, 2008, $43,000; December 31, 2008, $18,000.
2)The balance in accounts receivable decreased by $10,000 during the year from $60,000. The company had no short-term investments.
3)Inventory increased $9,000 to $80,000.
4)Accounts payable increased $3,000 during the year to $32,000. Income tax payable increased $4,000 during the year to $8,000. Wages payable decreased by $5,000 to $4,000. There were no other current liabilities.
5)During December 2008, the company settled a $10,000 note payable by issuing shares of its own capital stock with equivalent value.
6)Cash expenditures during 2008 were:
a.payment of long-term debts, $64,000;
b.purchase of new operational assets, $74,000;
c.payment of a cash dividend, $16,000;
d.purchase of land as an investment, $25,000.
7)Sale and issuance of DEXON Company capital stock for $20,000 cash.
8)Issuance of long-term mortgage note, $30,000.
9)Sale of some old operational assets resulting in the following entry:
Cash $5.000 (DR)
Accumulated Depreciation $12.000(DR)
Operational Assets $15.000 (CR)
Gain of sale of operating assets $2.000 (CR)
10)Income statement data:
Sales Revenue :$ 295.000
Cost of good sold :($140.000)
Depreciation Expense ($14.000)
Paten amortization ($1.000)
income tax expense ($17.000)
Selling expenses ($ 42.000)
gain on sale of operating assets $2.000
Net income $83.000
Instructions
Prepare a statement of cash flows using the indirect method.
B.Prepare a statement of Cash Flows (Indirect Method)
Comparative financial statement data for Salsa Company (in Thousand Dollar)
31-Dec
2007 :2006
Cash 4 :7
Accounts Recievable 36 : 29
Inventory 75 : 61
Plant and Equipment 210 : 180
Accumulated Depreication (40) :(30)
Total Assets 285 : 247
Accounts Payable 45 : 39
Common Stock 90 : 70
Retained Earnings 150 : 138
Total liabilities and stockholder's equity 285 : 247
For 2007, the company reported net income as follows:
Sales 500
Cost of Goods Sold (300)
Gross Margin 200
Selling and admin expense (180)
Net Income 20
Dividends of $8 were declared and paid during 2007.
Required
Using the indirect method, prepare a statement of cash flows for 2007.
IV. Jelaskan apa yang dimaksud dengan rekonsiliasi bank, kenapa diperlukan rekonsiliasi bank dan jealskan secara singkat cara melakukan rekonsiliasi bank
Perhatian :
Tugas dikumpulkan paling lambat pukul 20.00 WIB Senin, akun menggunakan bahasa inggris, yang lainnya menggunakan bahasa Indonesia
Tuesday, September 27, 2011
TUGAS I UNTUK KELAS II B
A. SOAL TEORI
1.Jelaskan mengapa informasi di dalam Net Income dianggap kurang memadai untuk menjelaskan kinerja perusahaan !
2. Jelaskan mengapa bisa terjadi sebuah perusahaan dengan net income yang kecil namun mempunyai persediaan cash yang cukup besar dan begitu pula sebaliknya
3. Sebutkan beberapan account yang merupakan noncash expenses dan mengapa bisa disebut noncash expenses
4. Buatlah resume tentang teknik dan cara menyusun cash flow dengan indirect Method !
B. SOAL LATIHAN
Soal Latihan menggunakan buku Stice Skousen 17 E
1. Problem 5-47
2, Exercise 5-30
3. Exercise 5 - 32
Selamat Mengerjakan
1.Jelaskan mengapa informasi di dalam Net Income dianggap kurang memadai untuk menjelaskan kinerja perusahaan !
2. Jelaskan mengapa bisa terjadi sebuah perusahaan dengan net income yang kecil namun mempunyai persediaan cash yang cukup besar dan begitu pula sebaliknya
3. Sebutkan beberapan account yang merupakan noncash expenses dan mengapa bisa disebut noncash expenses
4. Buatlah resume tentang teknik dan cara menyusun cash flow dengan indirect Method !
B. SOAL LATIHAN
Soal Latihan menggunakan buku Stice Skousen 17 E
1. Problem 5-47
2, Exercise 5-30
3. Exercise 5 - 32
Selamat Mengerjakan
TUGAS I UNTUK KELAS II A
A.SOAL TEORI
1. Berikan gambaran secara singkat tentang cash flow statements, apa , kenapa dan manfaat apa yang diperoleh perusahaan ketika menyajikan cash flow statement.
2. Jelaskan beberapa penyebab mengapa sebuah entitas ekonomi dengan net income yang besar tetapi mengalami kesulitan cash (jumlah cash yang terbatas)
3. Jelaskan mengapa noncash item harus disesuaikan dalam metode indirect Method dan berikan contohnya
4. Buatlah resume tentang teknik dan cara Indirect Method dalam penyusunan cash flow
B. SOAL LATIHAN
Gunakan Buku Stice Skousen Intermediate Accounting edisi 17 E
a. Exercise 5-26 Point A
b. Exercise 5- 35
c. Problem 5-44
Selamat Mengerjakan
1. Berikan gambaran secara singkat tentang cash flow statements, apa , kenapa dan manfaat apa yang diperoleh perusahaan ketika menyajikan cash flow statement.
2. Jelaskan beberapa penyebab mengapa sebuah entitas ekonomi dengan net income yang besar tetapi mengalami kesulitan cash (jumlah cash yang terbatas)
3. Jelaskan mengapa noncash item harus disesuaikan dalam metode indirect Method dan berikan contohnya
4. Buatlah resume tentang teknik dan cara Indirect Method dalam penyusunan cash flow
B. SOAL LATIHAN
Gunakan Buku Stice Skousen Intermediate Accounting edisi 17 E
a. Exercise 5-26 Point A
b. Exercise 5- 35
c. Problem 5-44
Selamat Mengerjakan
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