Soal 1
Horner Corporation berwenang menerbitkan 1.000.000 saham biasa dengan nilai nominal $ 5. Selama
tahun 2017, tahun pertama operasinya, perusahaan memiliki transaksi saham sebagai berikut.
Jawaban :
general journal
Date Account Title and Explanation Debit Credit
2017
01-Jan Cash $3,500,000
Share Capital-Ordinary $ 2,500,000
Share Premium-Ordinary $ 1,000,000
(to record issues of share value at 5$)
15-Jan Organization Expense $ 2,000
Cash $ 2,000
(to record government fee)
30-Jan Organization Expense $ 5,000
Share Capital-Ordinary $ 2,500
Share Premium-Ordinary $ 2,500
(to record issuance of share for attorney)
02-Jul Land $ 800,000
Share Capital-Ordinary $ 500,000
Share Premium-Ordinary $ 300,000
(to record issuance of share for land)
05-Sep treasury shares $ 150,000
Cash $ 150,000
(to purchase treasury shares for $10 per share)
06-Dec Cash $ 121,000
Treasury shares (11000x10$) $ 110,000
Share Premium – Treasury $ 21,000
(to sale treasury share at 10$ for 11000 shares)
LINTON CORPORATION
Statement of Financial Position (partial)
Equity
Share capital–preference, cumulative, 10,000 shares authorized,
5,000 shares issued and outstanding $ 250,000
Share capital–ordinary, no par, 750,000 shares authorized,
150,000 shares issued 1,500,000
Retained earnings 2,050,000
Less: Treasury shares (5,000 ordinary shares) (64,000)
Total equity $3,736,000
general journal
Date Account Title and Explanation Debit Credit
2017
01-Jan Cash $150,000
Share Capital-Ordinary $ 60,000
Share Premium-Ordinary $ 90,000
(to record issues of share value at 2$)
01-Mar treasury shares $ 32,000
Cash $ 32,000
(to purchase treasury shares for $10 per share)
01-Jun Cash $ 10,000
Treasury shares (1000x8$) $ 8,000
Share Premium – Treasury $ 2,000
(to purchase treasury shares for $10 per share)
01-Sep Cash $ 12,000
Share Premium – Treasury $ 4,000
Treasury shares (2000x8$) $ 16,000
(to purchase treasury shares for $6 per share)
Buatlah bagian ekuitas yang sesuai dan benar untuk Zhang Corporation pada tanggal 31 December
2017.
Jawaban :
Zhang Corporation
Statement of Financial Position (partial)
December 31, 2017
general journal
Date Account Title and Explanation Debit Credit
2017 Declaration Date
01-Jun Cash Dividends € 18,000
Dividend Payable € 18,000
(to record declaration of cash dividend)
Payment Date
30-Jun Dividend Payable € 18,000
Cash € 18,000
(to record payment of dividend payable)