Akuntansi Keuangan Ii

Oleh Pramita Indrawati

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Transkrip Akuntansi Keuangan Ii

AKUNTANSI KEUANGAN II

INVESTMENTS
Disusun Oleh
Pramita M I (023140023)
Adela Musyalifah (023140027)
Alya Arum (023140032)
Cahya Kumala (0231400

P17-10 : EQUITY INVESTMENTS
A. Prepare journal entries for each of the above transactions :

1. 1/3/15

cash………………. 1.800
dividen revenue (900x$2)…… 1.800
2. 30/4/15 cash………………. 3.300
gain on sale (300x($11-$9))…. 600
equity investment………………. 2.700
3. 15/5/15 equity investment…… 1.600
cash (100x $16)………………….. 1.600

4.

Investment
Cost
Gain (loss)

FV

Unrealized

Ever Comp. 16.600 18.700(a) 2.100
Roger Comp. 18.000 17.100(b) (900)
Chance Comp. 1.800
1.600(c) (200)
Total of Portofolio 36.400 37.400 1.000
Previous Securities fair value adj bal.-Cr (7.500)
Securities fair value adj-Dr
$ 8.500
a.
b.
c.

(1.000+100)x$17
(900x$19)
(500-300)x$8

31/12/15 Securities FV adj……. 8.500
Unrealized Holding gain
or loss-Equity…………….. 8.500

5.

1/2/16 Cash ………………………..
1.600
Loss on Sale of Equity Inv
(200 x ($8-$9))…...
200
Equity Investments…….
1.800
6. 1/3/16 Cash ………………………..
1.800
Dividend Revenue………
1.800
7. 21/12/16 Dividend Receivable........ 3.300
Dividen Revenue
(1.100x$3)…………………..
3.300

8. Investment

Cost
FV Unrealized
Gain (loss)
Ever Comp. 16.600 20.990(a) 4.300
Roger Comp. 18.000 18.900(b)
900
Total of Portofolio 34.600 39.800 5.200
Previous Securities fair value adj bal.-Cr 1.000
Securities fair value adj-Dr
$ 4.200
a.
b.

(1.100 x$19)
(900 x $21)

31/12/11 Securities FV Adj………….. 4.200
Unrealized Holding Gain
or Loss-Income………………. 4.200

B.

Prepare a partial statement of financial position as of investment
account at December 31, 2015 and 2016 :
Partial Statement of Financial
31 Dec
31 Dec
Position as of
2015
2016
Investments
Equity Investment, at FV $37.400
$39.800
Curent Assets
Dividend Receivable
0
3.300

C.

Describe hot the accounting would change if the Evers
investment was classifie as trading:
If the Evers investments was classified as trading, the unrealized
holding gain would not ber reported as equity. Instead the unrealized
gain would be reported in net income.

P17-11 : INVESTMENT-STATEMENT
PRESENTATION
A.
Statement of Financial Position
Equity Investments, at fair value…..........
$123.000
Income Statement
Unrealized Holding Loss
($127.000-$123.000)……………….. $ 4.000

B.
Statement of Financial Position
Equity Investments, at fair value…
$123.000
Income Statement
Other income and expense
Loss on sale of equity invstment.. $ 1.800*
Unrealized holding loss
($136.000-$94.000)+$4.000**… $ 38.000
*prior security fair value adjustment balance
**the entry made to recognize the loss on sale is as follows:
Cash……………………
38.200
Loss on sale of Equity Investment…...
1.800
Equity Investment…………………………
40.000

C.
Statement of Financial Position
Equity Investments, at fair value.......
$88.000
Income Statement
Other income and expense
loss on sale of Equity Investment
($8.100+$2.700)……………………... $10.800
Unrealized Holding Gain
($42.000*-($88.000-$80.000)…
$34.000
The entry made to record the sake of Lindsay Jones’s Shaves was :
Cash………………………………..
39.900
Loss on sale of Equity Investment…....
8.100
Equity investment
($15.000+$33.000)……………………
48.000
*Prior securitiea fair value adjustment balance.

THANK YOU 

Judul: Akuntansi Keuangan Ii

Oleh: Pramita Indrawati


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