Akuntansi Keuangan Menengah

Reskino, SE, M.Si, Ak.,CA.

KELOMPOK 10

Dwi Rahmawati 11160820000044

ArienaAlifiaS 11160820000057

Sonny Prayoga 11160820000063

FAKULTAS EKONOMI DAN BISNIS

AKUNTANSI

KELAS B
E18-1 (Sales with Discounts) Jupiter Company sells goods to Danone Inc. on
account on January 1, 2015. The goods have a sales price of €610,000 (cost
€500,000). The terms of the sale are net 30. If Danone pays within 5 days, it
receives a cash discount of €10,000. Past history indicates the cash discount will
be taken.

Instructions

(a) Prepare the journal entried for Jupiter for January 1, 2015

(b) Prepare the journal entriea for Jupiter for January 31, 2015, assuming
Danone does not make payment until January 31, 2015

Jawaban :

(a) Entri jurnal untuk mencatat penjualan dan biaya pokok penjualan yang
terkait adalah sebagai berikut.

Accounts Receivable ............................................. 600,000

Sales Revenue ($610,000 – $10,000) ........................ 600,000

Cost of Goods Sold ............................................... 500,000

Inventory ................................................................... 500,000

(b) Cash .............................................................. 610,000

Sales Revenue............................................................ 10,000
Accounts Receivable ................................................. 600,000

Jika pembayaran diterima setelah 5 hari, Jupiter mengakui pendapatan

penjualan sebesar $ 600.000 dan $ 10.000 dari pendapatan tambahan, dengan
menggunakan akun seperti diskon penjualan yang hilang.

P18-10 (Recognition of Profit on Long-Term Contract) Shanahan

Construction Company has entered into a contract beginning January 1, 2015, to
build a parking complex. It has been estimated that the complex willcost
$600,000 and will take 3 years to construct. The complex will be billed to the
purchasing company at $900,000. The following data pertain to the construction
period.

2015 2016 2017

Cost to date $270,000 $450,000 $610,000

Estimated cost to complex 330,000 150,000 0

Progress billings to date 270,000 550,000 900,000

Cash collected to date 240,000 550,000 900,000

Instructions :

(a) Using the percentage of completion method, compute the estimated gross
profit that would be recognuzed during each year of the contruction period

(b) Using teh cost recovery method, compute the estimated gross profit that
would be recognized during each year of the contruction period

Jawaban:

(a) 2014 2015 2016

Contract price $900,000 $900,000 $900,000
Less estimated cost:
Costs to date 270,000 450,000 610,000
Estimated cost to complete 330,000 150,000 —
Estimated total cost 600,000 600,000 610,000
Estimated total gross profit $300,000 $300,000 $290,000

Gross profit recognized in—

2014: $270,000 X $300,000 = $135,000

$600,000

2015: $450,000 X $300,000 = $225,000

$600,000

Less 2014 recognized gross

profit 135,000
Gross profit in 2015 $ 90,000
 2016: Less 2014–2015 recognized
gross profit 225,000
Gross profit in 2016 $ 65,000

(b) Pada 2014 dan 2015, tidak adalaba kotor (Gross Profit) yang diakui.

Total billings.............................................. $900,000

Total cost ................................................... (610,000)
Laba kotor yang diakui di 2016 .............. $290,000