Chapter 13 Akun Keuangan Tugas [PDF]

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Tugas Akuntansi Keuangan Chapter 13 (Investasi) E13.4



Diann Ltd a. Journal entries of the transactions: GENERAL JOURNAL Date Account Titles and explanations Feb 1 Share Investment Cash



Debit (£) 6,200



Credit (£) 6,200



(to record purchase of 600 ordinary shares of Ronn or 2% ownership)



July 1 Cash Dividend Revenue (£1 x 600 shares)



600 600



(to record receipt of cash dividend)



Sept 1 Cash Share Investment (£6.200 : 600 x 300 shares) Gain on sale of share investment



4,300 3,100 1,200



(to record sale of 300 shares of Ronn)



Dec 1 Cash Dividend Revenue (£1 x 300 shares)



300 300



(to record receipt of cash dividend)



b. Dividend revenue and Gain (loss) on sale of share investments are reported under "other income and expense" in the income statement. E13.8



a. Journal entries for Chicory Cosmetics: GENERAL JOURNAL Date Account Titles and explanations 2020 Mar 18 Share Investment (15% x 200.000 x €13) Cash



Debit (€)



Credit (€)



390,000 390,000



(to record purchase of 30.000 shares of Racine Fashion)



Jun 30 Cash Dividend revenue (15% x €60.000)



9,000 9,000



(to record receipt of dividend revenue)



Dec 31 Fair value adjustment - non trading ((30.000 x €15) - 390.000) Unrealized gain or loss - equity



60,000 60,000



(to record unrealized gain on non-trading securities)



Dec 31 Unrealized gain or loss - equity Accumulated Othe Comprehensive Income



60,000 60,000



(to close unrealized gain or loss to equity)



b. Journal entries for Frank Ltd.: Date 2020 Jan 1



GENERAL JOURNAL Account Titles and explanations Share Investment (30% x 30.000 x €9) Cash



Debit (€)



Credit (€)



81,000 81,000



(to record purchase of 9.000 shares of Nowak Industries)



Jun 15 Cash (€30.000 x 30%) Share Investment



9,000 9,000



(to record receipt of cash dividend)



Dec 31 Share Investment (30% x €80.000) Revenue from Share Investment (to record 30% equity in Nowak Industries' 2020 net income)



P13.1



Yuen Long Carecenters Ltd. a. Journal entries of the transactions for the year 2020 and 2023:



24,000 24,000



Date 2020 Jan 1



GENERAL JOURNAL Account Titles and explanations Debt Investment Cash



Debit (HK$) Credit (HK$) 2,000,000 2,000,000



(to record purchase of Franco Nursing Centers bond)



Dec 31 Interest Receivables (7% x HK$2.000.000) Interest revenue



140,000 140,000



(to accrue interest on Franco Nursing Centers bond)



2023 Jan 1



Cash Interest Receivables



140,000 140,000



(to record receipt of accrued interest)



Jan 1



Cash (1,05 x HK$1.000.000) Debt Investment Gain on sale of Debt Investment



1,050,000 1,000,000 50,000



(to record sale of Franco Nursing Centers bond)



Dec 31 Interest Receivables (7% x HK$1.000.000) Interest revenue



70,000 70,000



(to accrue interest on Franco Nursing Centers bond)



b.



Yuen Long Carecenters Ltd. Statement of Financial Position (partial) 31 December 2020 Current Assets: Interest Receivables Non-current Assets: Investment in held-for-collections debt securities, at amortized cost



HK$



140,000



2,000,000