DONI SYAHPUTRA
14043089
AKUNTANSI (S1)
FAKULTAS EKONOMI
UNIVERSITAS NEGERI PADANG
2016
PAY CORPORATION AND SUBSIDIARY
CONSOLIATION WORKPAPERS
FOR THE YEAR ENDED DECEMBER 31, 2012
ADJUSTMENT
SUE
PAY
AND
75%
ELIMINATION
income statement
sales
income from sue
1.20
0
800
205
A)
260
D)
205
cost of sales
operating expense
consolidated net incomes
noncontrolling int.share
controlling share of NI
Retained earning
retained earning-Pay
540
290
420
80
B) 40
1740
A)
260
C) 20
F) 75
575
300
365
CONSOLIDAT
ED
STATEMENT
720
370
650
75
575
365
E)
180
575
180
300
300
100
retained earning
desember 31
640
380
640
balance sheet
cash
account receivable
devidend receivable
Inventories
Land
buildings net
equipment net
170
330
30
120
160
460
400
60
200
230
500
controlling share of NI
Deviends
575
D) 75
F) 25
G) 30
H) 30
B) 40
160
100
200
280
investment in sue
770
C) 20
E)
400
Goodwill
account payable
devidend payable
other liabilities
commont stock, $10 par
retaineD earnings
244
0
1000
450
140
310
200
40
80
900
640
244
300
380
1000
300
240
260
660
680
D)
130
E)
660
400
2970
G) 30
H) 30
E)
300
620
150
390
900
640
0
E)
220
F) 50
A) Sales
B)
C)
D)
E)
F)
G)
H)
600.000
800.000
400.000
400.000
260
Cost of sales
Cost of sales
Inventories
Investment in sue
Cost of sales
Income from sue
Investment in sue
Devidends
Retained earning- sue
Goodwill
Commont stock
Investment in sue
Noncontrolling interest
Noncontrolin int.share
Dividend
Account payable
Account receivable
Dividend payable
Devidend receivable
260
40
40
20
20
205
130
75
180
400
300
660
220
75
75
30
30
30
30
P5-7
Preliminary computations
Investment cost
Implied fair value of San
Less: Book value of San
Patents
Patent amortization
2,700,000
3,000,000
2,500,000
500,000
Upstream sales
Unrealized profit in December 31, 2011 inventory of Pol
280,000 - (280,000 1.4) = 80,000
Unrealized profit in December 31, 2012 inventory of Pol
420,000 - (420,000 1.4) = 120,000
270
2970
1,000,000
(50,000)
(120,000)
80,000
910,000
819,000
91,000
2,700,000
30,000
(90,000)
(108,000)
3,132,000
8.19
0
819
cost of sales
5.46
0
1.54
4
Other expense
5.600
4.000
B) 120
600
F) 50
A)
5.600
D) 819
8.190
A)
5.600
C) 80
3.900
2.194
650
91
H) 91
2.00
5
CONSOLIDATE
D
STATEMENT
1.000
2.005
1.20
0
1.200
700
E) 700
controlling share of NI
2.00
5
1.000
Deviends
1.00
0
500
retained earning
desember 31
2.20
5
1.200
2.205
balance sheet
cash
Inventories
Other current asset
Plant assets -net
753
420
600
3.00
500
800
200
3.000
1.253
1.100
700
700
2.005
D) 450
H) 50
B) 120
G) 100
1000
0
investment in san
3.13
2
C) 72
E) 450
Patent
7.90
5
4.500
1.70
0
4.00
0
2.20
5
7.90
5
current liabilities
capital stock
retained earnings
1.300
2.000
B)
C)
D)
E)
F)
G)
H)
Cost of sales
Cost of sales
Inventories
Investment in sue
Noncontrolling interest
Cost of sales
Income from sue
Investment in sue
Devidends
Retained earning- sue
Patent
Capital stock
Investment in sue
Noncontrolling interest
Other expense
Patents
Current liabilities
Other current asset
Noncontroling int.share
Dividend
Noncontrolling interest
400
9.453
G) 100
H)
2.000
2.900
4.000
1.200
2.205
4.500
A) Sales
D) 369
E)
2.835
F) 50
C) 8
E) 315
F) 41
5.600
5.600
120
120
72
8
80
819
369
450
700
450
2000
2835
315
50
50
100
100
91
50
41
348
9.453