PT STAR

pada tanggal 1 Januari 2019 PT Star menerbitkan

obligasi dengan face value sebesar $100.000,
coupon rate 8%, dan tanggal jatuh tempo 1
Januari 2024. Bunga dibayar setiap tanggal 1
Januari. Diketahui market rate saat itu sebesar
9%.
 Penerbitan Obligasi dengan

BOND CONTRACT
1 Face value 100,000 FV
menerbitkan 2 Period 5 NPER

$100.000, 3
4
Coupon rate
Interest
8% % PMT Annual
1 Januari Annual
tempo 1 5 paid rate
Market 9% RATE Annual
tanggal 1
tu sebesar METHOD 1:
PV Principal 100,000 0.6499
PVA Interest 8,000 3.8897
PV Bonds

DETAILS OF METHOD 1:
PERIOD 0 1
DATE 1/1/2019 1/1/2020
PV Principal 64,993
PVA Interest 31,117 8,000
PV Bonds 96,110

METHOD 2:
STEP 1 PV Bonds

STEP 2 TABLE OF DISCOUNT AMORTIZATION

PERIOD DATE CASH PAID
0 1/1/2019 -
1 1/1/2020 8,000
2 1/1/2021 8,000
3 1/1/2022 8,000
4 1/1/2023 8,000
5 1/1/2024 8,000

STEP 3 JOURNAL
1 1/1/2019 Cash
Bond Payable

2 12/31/2019 Interest Expense

Bond Payable
Interest Payable
3 1/1/2020 Interest Payable
Cash
 Penerbitan Obligasi dengan Harga Diskon

BOND CONTRACT

1/1/2019 1/1/2024

64,993
31,117
96,110 PV = FV*(1+RATE)^-NPER + PMT*(1-(1+RATE)^-NPER)/RATE

2 3 4 5
1/1/2021 1/1/2022 1/1/2023 1/1/2024
100,000
8,000 8,000 8,000 8,000

96,110 PV(RATE;NPER;PMT;FV;TYPE)

TABLE OF DISCOUNT AMORTIZATION

INTEREST EXPENSE AMORTIZATION OF DISCOUNTCARRYING VALUE
96,110
8,650 650 96,760
8,708 708 97,469
8,772 772 98,241
8,842 842 99,083
8,917 917 100,000

JOURNAL
96,110
nd Payable 96,110

8,650
nd Payable 650
erest Payable 8,000
8,000
8,000
T*(1-(1+RATE)^-NPER)/RATE
PT STAR
Pada tanggal 1 Januari 2019, PT Star menerbitkan
obligasi dengan face value sebesar $100.000,
coupon rate 8%, dan tanggal jatuh tempo 1
Januari 2022. Bunga dibayar setiap tanggal 1
Januari dan 1 Juli. Diketahui market rate saat itu
sebesar 7%.
 Penerbitan Obligasi deng

BOND CONTRACT
1 Face value 100,000 FV
menerbitkan 2 Period 3 NPER Annual

$100.000, 3
4
Coupon rate
Interest
8% % PMT Annual
1 January, 1 July Annual
tempo 1 5 paid rate
Market 7% RATE Annual
tanggal 1
ate saat itu METHOD 1:
PV Principal 100,000 0.8135
PVA Interest 4,000 5.3286
PV Bonds

DETAILS OF METHOD 1:
PERIOD 0 1
DATE 1/1/2019 7/1/2019
PV Principal 81,350
PVA Interest 21,314 4,000
PV Bonds 102,664

METHOD 2:
STEP 1 PV Bonds

STEP 2 TABLE OF PREMIUM AMORTIZAT

PERIOD DATE CASH PAID
0 1/1/2019 -
1 7/1/2019 4,000
2 1/1/2020 4,000
3 7/1/2020 4,000
4 1/1/2021 4,000
5 7/1/2021 4,000
6 1/1/2022 4,000

STEP 3 JOURNAL
1 1/1/2019 Cash
Bond Payable

2 7/1/2019 Interest Expense

Bond Payable
Cash
3 12/31/2019 Interest Expense
Interest Payable

Bond Payable
Interest Expense
OR
Interest Expense
Bond Payable
Cash

4 1/1/2020 Interest Payable

Cash
 Penerbitan Obligasi dengan Harga Premium

ND CONTRACT
1/1/2019 1/1/2022
6 NPER Semi-Annual
4% % PMT Semi-Annual

3.5% RATE Semi-Annual

81,350
21,314
102,664 PV = FV*(1+RATE)^-NPER + PMT*(1-(1+RATE)^-NPER)/RATE

2 3 4 5 6
1/1/2020 7/1/2020 1/1/2021 7/1/2021 1/1/2022
100,000
4,000 4,000 4,000 4,000 4,000

102,664 PV(RATE;NPER;PMT;FV;TYPE)

TABLE OF PREMIUM AMORTIZATION

INTEREST EXPENSE AMORTIZATION OF PREMIUMCARRYING VALUE
102,664
3,593 407 102,258
3,579 421 101,837
3,564 436 101,401
3,549 451 100,950
3,533 467 100,483
3,517 483 100,000

JOURNAL
102,664
nd Payable 102,664

3,593 -
407
4,000
 4,000
erest Payable 4,000

421
erest Expense 421
OR
3,579
421
4,000

4,000
4,000
T*(1-(1+RATE)^-NPER)/RATE
PT STAR
Pada 1 Mei 2016, PT Star menerbitkan obligasi
(tertanggal 1 Januari 2016) dengan face value sebesar
$100.000, coupon rate 8%, dan jatuh tempo 1 Januari
2021. Bunga dibayar setiap 1 Januari. Diketahui
market rate saat itu sebesar 6%.
 Penerbitan Obligasi dengan Harga Premium Di

BOND CONTRACT
1 Face value 100,000 FV
bligasi 2 Period 5 NPER Annual

value sebesar 3
4
Coupon rate
Interest paid
8% % PMT Annual
1 Jan & 1 Jul Semi-annual
mpo 1 Januari 5 Market rate 6% RATE
ketahui
Bond issuance 1 Mei 2016 1 Mei 2016 - 1 Juli 2016
1 Juli 2016 - 1 Jan 2024
NPER 1 Mei 2016 - 1 Jan 2024

METHOD 1:
PV Principal 100,000 0.7589
PVA Interest 4,000 8.0366
PV Bonds

DETAILS OF METHOD 1:
PERIOD 0 1
DATE 5/1/2016 7/1/2016
PV Principal 75,890
PVA Interest 32,146 4,000
PV Bonds 108,037

METHOD 2:
STEP 1 PV Bonds

STEP 2 TABLE OF PREMIUM AMORTIZA

PERIOD DATE CASH PAID
0 5/1/2016 (2,667)
1 7/1/2016 4,000
2 1/1/2017 4,000
3 7/1/2017 4,000
4 1/1/2018 4,000
5 7/1/2018 4,000
6 1/1/2019 4,000
7 7/1/2019 4,000
8 1/1/2020 4,000
9 7/1/2020 4,000
10 1/1/2021 4,000
 Total inter

STEP 3 JOURNAL
1 5/1/2016 Cash
Bond Payable

2 5/1/2016 Cash
Interest Expense

3 7/1/2016 Interest Expense

Bond Payable
Interest Payable

4 1/1/2017 Interest Payable

Cash
an Harga Premium Di antara Tanggal Pembayaran Bunga (KIESO 3)

ACT
1 Januari 2016 1 Januari 2021
10 NPER Semi-Annual
4% % PMT Semi-Annual

3% % PMT Semi-Annual

0.333333333333
9
9.333333333333

75,890
32,146
108,037 PV = FV*(1+RATE)^-NPER + PMT*(1-(1+RATE)^-NPER)/RATE

2 3 4 5 6 7
1/1/2017 7/1/2017 1/1/2018 7/1/2018 1/1/2019 7/1/2019

4,000 4,000 4,000 4,000 4,000 4,000

108,037 PV(RATE;NPER;PMT;FV;TYPE)

PREMIUM AMORTIZATION
INTEREST EXPENSEAMORTIZATION OF PREMIUM CARRYING VALUE
(2,667) 108,037
3,747 253 107,784
3,234 766 107,017
3,211 789 106,228
3,187 813 105,414
3,162 838 104,577
3,137 863 103,714
3,111 889 102,826
3,085 915 101,910
3,057 943 100,968
3,032 968 100,000
 Total interest paid from 1 Mei 2016 - 1 Juli 2016 1,333 -

JOURNAL
108,037
108,037

2,667
2,667

3,747
253
4,000

4,000
4,000
E)^-NPER)/RATE

8 9 10
1/1/2020 7/1/2020 1/1/2021
100,000
4,000 4,000 4,000
PT STAR
Pada 1 April 2019 PT Star menerbitkan obligasi
(tertanggal 1 Januari 2019) dengan face value
sebesar $100.000, coupon rate 8%, dan jatuh tempo
1 Januari 2024. Bunga dibayar setiap 1 Januari.
Diketahui market rate saat itu sebesar 7%.
 Penerbitan Obligasi dengan Harga Premium Di antara Tangg

BOND CONTRACT
1 Face value 100,000
obligasi 2 Period 5

value 3
4
Coupon rate
Interest paid
8%
1-Jan
jatuh tempo 5 Market rate 7%
anuari.
7%. Bond issuance 1-Apr-19

NPER

STEP 1 METHOD 1:
PERIOD 0
DATE 4/1/2019
0
PV Principal
PV Interest
Total

STEP 2 New Effective Interest Rate 5.25%

New PV Factor 0.95012

STEP 3 PV Principal 72,484

PV Interest 25,746
PV Interest 1 April 19 – 1 Jan 2020 5,701
PV Bond 1 April 19 103,931

STEP 4 TABLE OF PREMIUM AM

PERIOD DATE
0 4/1/2019
1 1/1/2020
2 1/1/2021
3 1/1/2022
4 1/1/2023
5 1/1/2024

STEP 5 JOURNAL
1 4/1/2019

2 4/1/2019

3 12/31/2019

4 1/1/2021
an Harga Premium Di antara Tanggal Pembayaran Bunga (BISWAN & MAHRUS 21)

BOND CONTRACT
FV
1-Apr-19 1-Jan-24
% PMT Annual
Annual
RATE Annual

1 April 2019 - 1 Jan 2020 0.75

1 Jan 2020 - 1 Jan 2024 4
1 Apr 2019 - 1 Jan 2024 4.75

1 2 3 4 5
1/1/2020 1/1/2021 1/1/2022 1/1/2023 1/1/2024
0.75 1 2 3 4
76,290 100,000
27,098 8,000 8,000 8,000 8,000
103,387

76,290
27,098
6,000

TABLE OF PREMIUM AMORTIZATION

CASH PAID INTEREST EXPENSEAMORTIZATION OF PREMIUM CARRYING VALUE 6,000
(2,000) (2,000) 103,931 6,000
8,000 7,456 544 103,387
8,000 7,237 763 102,624
8,000 7,184 816 101,808
8,000 7,127 873 100,935
8,000 7,065 935 100,000

Total interest paid from 1 May 2016 - 1 July 2016 6,000 -

JOURNAL
Cash 103,931
Bond Payable 103,931

Cash 2,000
Interest Expense 2,000 5,456

Interest Expense 7,456 -

Bond Payable 544
Interest Payable 8,000

Interest Payable 8,000

Cash 8,000
Interest Revenue 2,000
Cash 2,000
PT ONTOHOD
Pada tanggal 1 Januari 2016, PT Ontohod menerbitkan
obligasi dengan face value sebesar $100.000, coupon
rate 9%, dan tanggal jatuh tempo 1 Januari 2019.
Bunga dibayar setiap tanggal 1 Januari. Diketahui
market rate saat itu 10%. Biaya transaksi terkait
penerbitan obligasi yang dibayar oleh PT Ontohod
adalah sebesar $2.000.
 Pencatatan Biaya Pe

BOND CONTRACT
1 Face value 100,000 FV
d menerbitkan 2 Period 3 NPER Annual

000, coupon 3
4
Coupon rate
Interest paid
9% % PMT Annual
1 Januari Annual
ari 2019. 5 Market rate 10% RATE Annual
Diketahui
STEP 1 PERIOD 0 1
i terkait DATE 1/1/2016 1/1/2020
T Ontohod PV Principal 75,131
PV Interest 22,382 9,000
Initial PV Bond 97,513

Issuance Cost (2,000)

New PV Bond 95,513

STEP 2 New Effective Interest Rate

STEP 3 TABLE OF DISCOUNT AMORTIZA

PERIOD DATE CASH PAID
0 1/1/2019 -
1 1/1/2020 9,000
2 1/1/2021 9,000
3 1/1/2022 9,000

STEP 4 JOURNAL
1 1/1/2019 Cash
Bond Payable
Bond Payable
Cash
OR
Cash
Bond Payable

2 12/31/2019 Interest Expense

Bond Payable
Interest Payable
3 1/1/2020 Interest Payable
Cash
 Pencatatan Biaya Penerbitan Bonds

ND CONTRACT
Issuance Cost 2,000
1/1/2016 1/1/2019

2 3
1/1/2021 1/1/2019
100,000
9,000 9,000

10.831% RATE(NPER;PMT;PV;FV;TYPE;GUESS)

TABLE OF DISCOUNT AMORTIZATION

INTEREST EXPENSE AMORTIZATION OF DISCOUNT CARRYING VALUE
95,513
10,345 1,345 96,858
10,490 1,490 98,348
10,652 1,652 100,000

JOURNAL
97,513
nd Payable 97,513
2,000
2,000
OR
95,513
nd Payable 95,513

10,345
nd Payable 1,345
erest Payable 9,000
9,000
9,000
PT TOP
Pada tanggal 1 Januari 2020, PT Top menerbitkan
obligasi dengan face value sebesar $500.000, coupon
rate 9%, dan tanggal jatuh tempo 1 Januari 2025.
Bunga dibayar setiap tanggal 1 Januari. Diketahui
effective-interest rate saat itu sebesar 10%. Obligasi
tersebut berhasil dijual dengan harga 99.
 Pencatatan Saat Harga Ju

BOND CONTRACT
1 Face value 500,000 FV
erbitkan 2 Period 5 NPER Annual

000, coupon 3
4
Coupon rate
Interest paid
9% % PMT Annual
1 Januari Annual
ari 2025. 5 Market rate 10% RATE Annual
iketahui STEP 1 PERIOD 0 1
%. Obligasi DATE 1/1/2020 1/1/2021
PV Principal 310,461
PV Interest 170,585 45,000
Total 481,046

Price 99%

PV Bond 495,000

STEP 2 New Effective Interest Rate

STEP 3 TABLE OF DISCOUNT AMORTIZAT

PERIOD DATE CASH PAID
0 1/1/2019 -
1 1/1/2020 45,000
2 1/1/2021 45,000
3 1/1/2022 45,000
4 1/1/2023 45,000
5 1/1/2024 45,000

STEP 4 JOURNAL
1 1/1/2019 Cash
Bond Payable

2 12/31/2019 Interest Expense

Bond Payable
Interest Payable

3 1/1/2020 Interest Payable

Cash
 Pencatatan Saat Harga Jual Bonds ≠ PV Bonds

ND CONTRACT
Price 99%
1/1/2020 1/1/2025

2 3 4 5
1/1/2022 1/1/2023 1/1/2024 1/1/2025
500,000
45,000 45,000 45,000 45,000

9.259% RATE(NPER;PMT;PV;FV;TYPE;GUESS)

TABLE OF DISCOUNT AMORTIZATION

INTEREST EXPENSE AMORTIZATION OF DISCOUNT CARRYING VALUE
495,000
45,831 831 495,831
45,908 908 496,739
45,992 992 497,731
46,084 1,084 498,816
46,184 1,184 500,000

JOURNAL
495,000
nd Payable 495,000

45,831
nd Payable 831
erest Payable 45,000

45,000
45,000

1 Face Value
2 Coupon Rate
3 Interest Paid
4 Period
5 Market Rate
BONDS INDENTURE
500,000,000 3/1/2019 9/1/2022
10% % PMT Annual 5% % PMT Semi-Annual
Semi-annual
1 Mar & 1 Sep
3.5 NPER Annual 7 NPER Semi-Annual
12% RATE Annual 6% RATE Semi-Annual

1-Sep-16

CARA 1
PV Bonds: 472,088,093

CARA 2
PV Semi-annual interest 25,000,000 5.58238 139,559,536
PV Principal 500,000,000 0.66506 332,528,557 472,088,093

1 PERIOD DATE CASH PAID INTEREST EXPENSEAMORTIZATION OF DISCOUNTCARRYING VALUE

0 3/1/2019 472,088,093
1 9/1/2019 25,000,000 28,325,286 3,325,286 475,413,378
2 3/1/2020 25,000,000 28,524,803 3,524,803 478,938,181
3 9/1/2020 25,000,000 28,736,291 3,736,291 482,674,472
4 3/1/2021 25,000,000 28,960,468 3,960,468 486,634,940
5 9/1/2021 25,000,000 29,198,096 4,198,096 490,833,037
6 3/1/2022 25,000,000 29,449,982 4,449,982 495,283,019
7 9/1/2022 25,000,000 29,716,981 4,716,981 500,000,000
 Penerbitan Obligasi dengan Harga Diskon Di antara Tangg

BOND CONTRACT
1 Face value 200,000
2 Period 5
3 Coupon rate 8%
4 Interest paid 1-Jan, 1-Jul
5 Market rate 10%

Bond issuance 1-Mar-19

NPER

STEP 1 METHOD 1:
PERIOD 0
DATE 3/1/2019
0
PV Principal
PV Interest
Total

STEP 2 New Effective Interest Rate 3.33%

New PV Factor 0.96774

STEP 3 PV Principal 124,763

PV Interest 55,028
PV Interest 1 Mar 19 – 1 Jul 19 5,161
PV Bond 1 Mar 19 184,953

STEP 4 TABLE OF DISCOUNT AM

PERIOD DATE
0 3/1/2019
1 7/1/2019
2 1/1/2020
3 7/1/2020
4 1/1/2021
5 7/1/2021
6 1/1/2022
7 7/1/2022
8 1/1/2023
9 7/1/2023
 10 1/1/2024

STEP 5 JOURNAL
1 3/1/2019

2 3/1/2019

3 7/1/2019

4 12/31/2019

5 1/1/2020
gan Harga Diskon Di antara Tanggal Pembayaran Bunga (BISWAN & MAHRUS 21)

BOND CONTRACT
FV
1-Jan-19 1-Jan-24
% PMT Annual 4% % PMT Semi-Annual
Semi-Annual
RATE Annual 5% RATE Semi-Annual

1 Mar 2019 - 1 Jul 2019 0.6666666666667

1 Jul 2019 - 1 Jan 2024 9
1 Mar 2019 - 1 Jan 2024 9.6666666666667

1 2 3 4 5
7/1/2019 1/1/2020 7/1/2020 1/1/2021 7/1/2021
0.67 1 2 3 4
128,922
56,863 8,000 8,000 8,000 8,000
185,784

128,922
56,863
5,333

TABLE OF DISCOUNT AMORTIZATION

CASH PAID INTEREST EXPENSE AMORTIZATION OF DISCOUNTCARRYING VALUE
(2,667) (2,667) 184,953 5,333
8,000 8,832 832 185,784
8,000 9,289 1,289 187,074
8,000 9,354 1,354 188,427
8,000 9,421 1,421 189,849
8,000 9,492 1,492 191,341
8,000 9,567 1,567 192,908
8,000 9,645 1,645 194,554
8,000 9,728 1,728 196,281
8,000 9,814 1,814 198,095
 8,000 9,905 1,905 200,000

Total interest paid from 01-Mar-19 s.d. 01-Jul-2019 5,333 -

JOURNAL
Cash 184,953
Bond Payable 184,953

Cash 2,667
Interest Expense 2,667

Interest Expense 8,832

Bonds Payable 832
Cash 8,000

Interest Expense 9,289

Bonds Payable 1,289
Interest Payable 8,000

Interest Payable 8,000

Cash 8,000
 6 7 8 9 10
1/1/2022 7/1/2022 1/1/2023 7/1/2023 1/1/2024
5 6 7 8 9
200,000
8,000 8,000 8,000 8,000 8,000