PT.

Star menerbitkan obligasi pada 1 jan 2021 untuk ekspansi operasional korporasi senilai $1 juta untuk
jangka waktu 5 tahun. Tingkat bunga kontrak 8% dan yield rate 10%. Pembayaran bunga setiap per
semester.

Diminta:

1. Berapakah proceeds yang di dapat PT.Star atas penerbitan obligasi tsb.

Maturity Value of Bonds Payables $1,000,000
PV of $1,000,000 in the next 5 Years* $613,910
PV of Interest Payables $40,000 ** $308,869
Proceeds from Sale of Bonds $922,779
Discount on Bonds Payables $77,221

*FV(PVF10,5%) = $1,000,000 (0.61391)

*R(PVF-OA10,5%) = $40,000 (7.72173)

2. Bagaiman ajurnal untuk membukukan transaksi saat penerbitan.

Cash $922,779
Bonds Payables $922,779
3. Buatkan table amortisasi.

Interest Interest Discount Carrying

Period
Paid Expense Amortization Amount

01/01/2021       $922,779
07/01/2021 $40,000 $46,138.95 $6,138.95 $928,917.95
01/01/2022 $40,000 $46,445.90 $6,445.90 $935,363.85
07/01/2022 $40,000 $46,768.19 $6,768.19 $942,132.04
01/01/2023 $40,000 $47,106.60 $7,106.60 $949,238.64
07/01/2023 $40,000 $47,461.93 $7,461.93 $956,700.57
01/01/2024 $40,000 $47,835.03 $7,835.03 $964,535.60
07/01/2024 $40,000 $48,226.78 $8,226.78 $972,762.38
01/01/2025 $40,000 $48,638.12 $8,638.12 $981,400.50
07/01/2025 $40,000 $49,070.03 $9,070.03 $990,470.53
01/01/2026 $40,000 $49,523.53 $9,523.53 $999,994.05
4. Jurnal amortisasi dan bunga, selama 2021.
- Jun 30, 2021 Interest Expense $46,138.95
Bonds Payables $6,138.95
Interest Payables $40,000

- Dec 31, 2021 Interest Expense $46,445.90

Bonds Payables $6,445.90
Interest Payables $40,000

5. Pada 1 jan 2023, obligasi tsb ditarik dengan harga bunga yield saat itu adalah 9%. Bagaimana
jurnal untuk mencatatkan transaksi tsb.

PV of Face Value ($1,000,000 X (1 / (1 + 0.045) 6)) $767,895.74

PV of Interest ($1,000,000 X 8% X 6/12) X (((1 - (1/ (1 + 0.045) 6)) / 0.045) $206,314.90
PV of Proceeds of Bonds $974,210.64

Carrying Value of Bonds $949,238.64

Call Price at 9% $974,210.64
Loss on Retirement of Bonds ($24,972)

Jurnal:
Bonds Payables $949,238.64
Loss on Bonds Redemptions $24,972
Cash $974,210.64