GENERAL JOURNAL

Page 1
Date Description post ref Dr. Cr.
2015 1 Rent Expense 531 5,000,000
Mei Cash 110 5,000,000
3 Merchandise inventory 115 36,000,000
Accounts Payable 210 36,000,000
4 Merchandise inventory 115 600,000
Cash 110 600,000
6 Accounts Receivable 112 68,500,000
Sales 410 68,500,000
Cost of Merchandise Sold 510 41,000,000
Merchandise Inventory 115 41,000,000
7 Cash 110 22,300,000
Accounts Receivable 112 22,300,000
10 Cash 110 54,000,000
Sales 410 54,000,000
Cost of Merchandise Sold 510 32,000,000
Merchandise Inventory 115 32,000,000
13 Accounts Payable 210 36,000,000
Merchandise Inventory 115 720,000
Cash 110 35,280,000
14 Sales Returns and Allowances 411 13,500,000
Accounts Receivable 112 13,500,000
Merchandise inventory 115 8,000,000
Cost of Merchandise Sold 510 8,000,000
15 Advertising Expense 521 11,000,000
Cash 110 11,000,000
16 Cash 110 53,900,000
Sales Discounts 412 1,100,000
Accounts Receivable 112 55,000,000
19 Merchandise inventory 115 18,700,000
Cash 110 18,700,000
19 Accounts Payable 210 33,450,000
Cash 110 33,450,000
20 Accounts Receivable 112 110,000,000
Sales 410 110,000,000
Cost of Merchandise Sold 510 70,000,000
Merchandise Inventory 115 70,000,000
21 Accounts Receivable 112 2,300,000
Cash 110 2,300,000
21 Cash 110 42,900,000
Accounts Receivable 112 42,900,000
21 Merchandise inventory 115 88,000,000
Accounts Payable 210 88,000,000
24 Accounts Payable 210 5,000,000
Merchandise Inventory 115 5,000,000
26 Sales Returns and Allowances 411 7,500,000
Cash 110 7,500,000
Merchandise Inventory 115 4,800,000
Cost of Merchandise Sold 510 4,800,000
28 Sales Salaries Expense 520 56,000,000
Office Salaries Expense 530 29,000,000
Cash 110 85,000,000
29 Store Supplies 117 2,400,000
Cash 110 2,400,000
30 Accounts Receivable 112 78,750,000
Sales 410 78,750,000
 Cost of Merchandise Sold 510 47,000,000
Merchandise Inventory 115 47,000,000
30 Cash 110 111,200,000
Sales Discounts 412 1,100,000
Accounts Receivable 112 112,300,000
31 Accounts Payable 210 83,000,000
Merchandise Inventory 115 830,000
Cash 110 82,170,000
Total 1,174,000,000 1,174,000,000
 LEDGER

Account : Cash Account No : 110

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 1 Balance 83,600,000
Mei 1 1 5,000,000 78,600,000
4 1 600,000 78,000,000
7 1 22,300,000 100,300,000
10 1 54,000,000 154,300,000
13 1 35,280,000 119,020,000
15 1 11,000,000 108,020,000
16 1 53,900,000 161,920,000
19 1 18,700,000 143,220,000
19 1 33,450,000 109,770,000
21 1 2,300,000 107,470,000
21 1 42,900,000 150,370,000
26 2 7,500,000 142,870,000
28 2 85,000,000 57,870,000
29 2 2,400,000 55,470,000
30 2 111,200,000 166,670,000
31 2 82,170,000 84,500,000

Account : Accounts Receivable Account No : 112

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 1 Balance 233,900,000
Mei 6 1 68,500,000 302,400,000
7 1 22,300,000 280,100,000
14 1 13,500,000 266,600,000
16 1 55,000,000 211,600,000
20 1 110,000,000 321,600,000
21 1 2,300,000 323,900,000
21 1 42,900,000 281,000,000
30 2 78,750,000 359,750,000
30 2 112,300,000 247,450,000

Account : Merchandise Inventory Account No : 115

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 1 Balance 602,400,000
Mei 3 1 36,000,000 638,400,000
4 1 600,000 639,000,000
6 1 41,000,000 598,000,000
10 1 32,000,000 566,000,000
13 1 720,000 565,280,000
14 1 8,000,000 573,280,000
19 1 18,700,000 591,980,000
20 1 70,000,000 521,980,000
21 1 88,000,000 609,980,000
24 2 5,000,000 604,980,000
26 2 4,800,000 609,780,000
30 2 47,000,000 562,780,000
31 2 830,000 561,950,000
31 Adjusting 3 11,950,000 550,000,000

Account : Prepaid Insurance Account No : 116

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 1 Balance 16,800,000
Mei 3 Adjusting 3 12,000,000 4,800,000
Account : Store Supplies Account No : 117
Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 1 Balance 11,400,000
Mei 29 2 2,400,000 13,800,000
31 Adjusting 3 9,800,000 4,000,000

Account : Store Equipment Account No : 123

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 1 Balance 569,500,000
Mei

Account : Accumulated Depreciation-Store Equipment Account No : 124

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 1 Balance 56,700,000
Mei 31 Adjusting 3 14,000,000 70,700,000

Account : Accounts Payable Account No : 210

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 1 Balance 96,600,000
Mei 3 1 36,000,000 132,600,000
13 1 36,000,000 96,600,000
19 1 33,450,000 63,150,000
21 1 88,000,000 151,150,000
24 2 5,000,000 146,150,000
31 2 83,000,000 63,150,000

Account : Salaries Payable Account No : 211

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 31 Adjusting 3 13,600,000 13,600,000
Mei

Account : Mandala Hutama, Capital Account No : 310

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 1 Balance 685,300,000
Mei 31 Closing 4 762,500,000 1,447,800,000
31 Closing 4 135,000,000 1,312,800,000

Account : Mandala Hutama, Drawing Account No : 311

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 1 Balance 135,000,000
Mei 31 Closing 4 135,000,000 - -

Account : Income Summary Account No : 312

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 31 4 5,532,350,000 5,532,350,000
Mei 31 4 4,769,850,000 762,500,000
31 4 762,500,000 - -

Account : Sales Account No : 410

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 1 Balance 5,221,100,000
2015
Mei 6 1 68,500,000 5,289,600,000
10 1 54,000,000 5,343,600,000
20 1 110,000,000 5,453,600,000
30 2 78,750,000 5,532,350,000
31 Closing 4 5,532,350,000 - -

Account : Sales Returns and Allowances Account No : 411

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 1 Balance 92,700,000
Mei 14 1 13,500,000 106,200,000
26 2 7,500,000 113,700,000
31 Closing 4 113,700,000 - -

Account : Sales Discounts Account No : 412

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 1 Balance 59,400,000
Mei 16 1 1,100,000 60,500,000
30 2 1,100,000 61,600,000
31 Closing 4 61,600,000 - -

Account : Cost of Merchandise Sold Account No : 510

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 1 Balance 2,823,000,000
Mei 6 1 41,000,000 2,864,000,000
10 1 32,000,000 2,896,000,000
14 1 8,000,000 2,888,000,000
20 1 70,000,000 2,958,000,000
26 2 4,800,000 2,953,200,000
30 2 47,000,000 3,000,200,000
31 Adjusting 3 11,950,000 3,012,150,000
31 Closing 4 3,012,150,000 - -

Account : Sales Salaries Expense Account No : 520

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 1 Balance 664,800,000
Mei 28 2 56,000,000 720,800,000
31 Adjusting 3 7,000,000 727,800,000
31 Closing 4 727,800,000 - -

Account : Advertising Expense Account No : 521

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 1 Balance 281,000,000
Mei 15 1 11,000,000 292,000,000
31 Closing 4 292,000,000 - -

Account : Depreciation Expense Account No : 522

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 31 Adjusting 3 14,000,000 14,000,000
Mei 31 Closing 4 14,000,000 - -

Account : Store Supplies Expense Account No : 523

 Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 31 Adjusting 3 9,800,000 9,800,000
Mei 31 Closing 4 9,800,000 - -

Account : Miscellaneous Selling Expense Account No : 529

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 1 Balance 12,600,000
Mei 31 Closing 4 12,600,000 - -

Account : Office Salaries Expense Account No : 530

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 1 Balance 382,100,000
Mei 28 2 29,000,000 411,100,000
31 Adjusting 3 6,600,000 417,700,000
31 Closing 4 417,700,000 - -

Account : Rent Expense Account No : 531

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 1 Balance 83,700,000
Mei 1 1 5,000,000 88,700,000
31 Closing 4 88,700,000 - -

Account : Insurance Expense Account No : 532

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 31 Adjusting 3 12,000,000 12,000,000
Mei 31 Closing 4 12,000,000 - -

Account : Miscellanous Administrative Expense Account No : 539

Balance
Date Item post ref Dr. Cr.
Dr. Cr.
2015 1 Balance 7,800,000
Mei 31 Closing 4 7,800,000 - -
 Serba Hutama
Unadjusted Trial Blance
May 31, 2015

Account No Accounts Name Debit Balances Credit Balances

110 Cash 84,500,000
112 Accounts Receivable 247,450,000
115 Merchandise Inventory 561,950,000
116 Prepaid Insurance 16,800,000
117 Store Supplies 13,800,000
123 Store Equipment 569,500,000
124 Accumulated Depreciation-Store Equipment 56,700,000
210 Accounts Payable 63,150,000
211 Salaries Payable
310 Mandala Hutama, Capital 685,300,000
311 Mandala Hutama, Drawing 135,000,000
312 Income Summary
410 Sales 5,532,350,000
411 Sales Returns and Allowances 113,700,000
412 Sales Discounts 61,600,000
510 Cost of Merchandise Sold 3,000,200,000
520 Sales Salary Expense 720,800,000
521 Advertising Expense 292,000,000
522 Depreciation Expense
523 Store Supplies Expense
529 Miscellaneous Selling Expense 12,600,000
530 Office Salaries Expense 411,100,000
531 Rent Expense 88,700,000
532 Insurance Expense
539 Miscellaneous Administrative Expense 7,800,000

Total 6,337,500,000 6,337,500,000

 ADJUSTING ENTRIES
Page
post
Date Description Dr.
ref
2015 31 Cost of Merchandise Sold 510 11,950,000
Mei Merchandise inventory 115
31 Insurance Expense 532 12,000,000
Prepaid Insurance 116
31 Store Supplies Expense 523 9,800,000
Store Supplies 117
31 Depreciation Expense 522 14,000,000
Acc. Depre-Store Equipment 124
31 Sales Salaries Expense 520 7,000,000
Office Salaries Expense 530 6,600,000
Salaries Payable 211
Total 61,350,000
ADJUSTING ENTRIES
Page 3
Cr.

11,950,000

12,000,000

9,800,000

14,000,000

13,600,000
61,350,000
 Serba Hutama
Adjusted Trial Blance
May 31, 2015

Account Credit
Accounts Name Debit Balances
No Balances
110 Cash 84,500,000
112 Accounts Receivable 247,450,000
115 Merchandise Inventory 550,000,000
116 Prepaid Insurance 4,800,000
117 Store Supplies 4,000,000
123 Store Equipment 569,500,000
124 Accumulated Depreciation-Store Equipment 70,700,000
210 Accounts Payable 63,150,000
211 Salaries Payable 13,600,000
310 Mandala Hutama, Capital 685,300,000
311 Mandala Hutama, Drawing 135,000,000
312 Income Summary
410 Sales 5,532,350,000
411 Sales Returns and Allowances 113,700,000
412 Sales Discounts 61,600,000
510 Cost of Merchandise Sold 3,012,150,000
520 Sales Salary Expense 727,800,000
521 Advertising Expense 292,000,000
522 Depreciation Expense 14,000,000
523 Store Supplies Expense 9,800,000
529 Miscellaneous Selling Expense 12,600,000
530 Office Salaries Expense 417,700,000
531 Rent Expense 88,700,000
532 Insurance Expense 12,000,000
539 Miscellaneous Administrative Expense 7,800,000

Total 6,365,100,000 6,365,100,000

 Serba Hutama
Income Statement
For the period Ended Mei 31 2015

Revenue from sales

Sales 5,532,350,000
Less: Sales Returns and Allowances 113,700,000
Sales Discounts 61,600,000 175,300,000
Net Sales $ 5,357,050,000
Cost Of Merchandise Sold 3,012,150,000
Gross Profit $ 2,344,900,000
Operating Expenses
Selling Expenses
Sales Salary Expense 727,800,000
Advertising Expense 292,000,000
Depreciation Expense-Store Equipment 14,000,000
Store Supplies Expense 9,800,000
Misc. Selling Expense 12,600,000
Total Selling Expense $ 1,056,200,000
Administrative Expense
Office Salaries Expense 417,700,000
Rent Expense 88,700,000
Insurance Expense 12,000,000
Misc.Administrative Expense 7,800,000
Total Administrative Expense 526,200,000
Total Operating Expenses 1,582,400,000
Net Income $ 762,500,000

Serba Hutama
Statement of Owner's Equity
For the period Ended Mei 31, 2015

Mandala Hutama, Capital, Mei 1 2015 685,300,000

Net Income for the period $ 762,500,000
Less withdrawals 135,000,000
Increase in owner's equity 627,500,000
Mandala Hutama, Capital, Mei 31 2015 $ 1,312,800,000
 Serba Hutama
Balance Sheet
May 31, 2015

Assets Liabilities
Current Assets : Current Liabilities :
Cash 84,500,000 Accounts Payable 63,150,000
Accounts Receivable 247,450,000 Salaries Payable 13,600,000
Merchandise Inventory 550,000,000 Total Liabilities 76,750,000
Prepaid Insurance 4,800,000
Store Supplies 4,000,000 Owner's Equity
Total Current Assets 890,750,000 Mandala Hutama, Capital $ 1,312,800,000
Fixed Assets :
Store Equipment 569,500,000
Less Accum Depreciation 70,700,000
Total Fixed Assets 498,800,000
Total Assets $1,389,550,000 Total Liabilities And Owner's Equity $ 1,389,550,000
 CLOSING ENTRIES

Page 4
post
Date Description Dr. Cr.
ref
2015 31 Sales 410 5,532,350,000
Mei Income Summary 312 5,532,350,000
31 Income Summary 312 4,769,850,000
Sales Returns and Allowances 411 113,700,000
Sales Discounts 412 61,600,000
Cost of Merchandise Sold 510 3,012,150,000
Sales Salary Expense 520 727,800,000
Advertising Expense 521 292,000,000
Depreciation Expense 522 14,000,000
Store Supplies Expense 523 9,800,000
Misc. Selling Expense 529 12,600,000
Office Salaries Expense 530 417,700,000
Rent Expense 531 88,700,000
Insurance Expense 532 12,000,000
Misc.Administrative Expense 539 7,800,000
31 Income Summary 312 762,500,000
Mandala Hutama, Capital 310 762,500,000
31 Mandala Hutama, Capital 310 135,000,000
Mandala Hutama, Drawing 311 135,000,000
 Serba Hutama
Post-Closing Trial Blance
May 31, 2015

Account
Accounts Name Debit Balances Credit Balances
No
110 Cash 84,500,000
112 Accounts Receivable 247,450,000
115 Merchandise Inventory 550,000,000
116 Prepaid Insurance 4,800,000
117 Store Supplies 4,000,000
123 Store Equipment 569,500,000
124 Accumulated Depreciation-Store Equipment 70,700,000
210 Accounts Payable 63,150,000
211 Salaries Payable 13,600,000
310 Mandala Hutama, Capital 1,312,800,000

Total 1,460,250,000 1,460,250,000

23/11/2016