Nama : Marselinus Aditya Hartanto Tjungadi

NIM : A31113316
Advanced Accounting 2 (Akuntansi Keuangan Lanjutan 2)

Problem 6-5
Consolidation workpaper entries
a Sales 72,000
Cost of sales 72,000

b Investment in Sto 10,000

Cost of sales 10,000

c Cost of sales 12,000

Inventories 12,000

d Investment in Sto 6,000

Operating expense 2,000
Machinery — net 4,000

e Gain on land 5,000

Land 5,000

f Income from Sto 34,600

Dividends 18,000

g Retained earnings — Sto 120,000

Patents 54,000
Capital stock 150,000
Investment in Sto 291,600
Noncontrolling interest 32,400

h Operating expense 6,000

Patents 6,000

i Accounts payable 10,000

Accounts receivable 10,000

j Dividends payable 18,000

Dividends receivable 18,000

k Noncontrolling share 4,400

Dividends 2,000
Noncontrolling interest 2,400

Problem 6-6
Consolidation workpaper entries

a Accumulated depreciation 6,000

Investment in San 9,600
Noncontrolling interest 2,400
Depreciation expense 3,000
Plant assets 15,000

To eliminate unrealized profit on 2010 sale of plant assets and reduce

plant assets to cost.

b Gain on land 10,000

Plant assets 10,000

To eliminate unrealized gain on 2011 upstream sale of land and reduce

plant assets to cost.

c Income from San 31,900

Investment in San 31,900
 To eliminate income from San and adjust investment to beginning of period.

d Capital stock—San 300,000

Retained earnings—San January 1 50,000
Patent 25,000
Investment in San 300,000
Noncontrolling interest January 1 75,000

To eliminate investment in San and stockholders’ equity of San and enter

beginning of the period patent.

e Other expenses 3,125

Patent 3,125

To provide for patent amortization.

f Noncontrolling Interest Share 7,975

Noncontrolling Interest 7,975

To enter noncontrolling interest share of subsidiary income.

Problem 6-8
Consolidation workpaper entries
2011
a Gain on plant assets 5,000
Plant and equipment 5,000

b Accumulated depreciation 1,000

Depreciation expense 1,000

c Income from Sic 24,000

Investment in Sic 24,000

d Retained earnings — Sic 70,000

Capital stock 100,000
Investment in Sic 136,000
Noncontrolling interest 34,000

e Noncontrolling share 5,200

Noncontrolling interest 5,200

2012
a Retained earnings — Pic 3,200
Accumulated depreciation 2,000
Noncontrolling interest 800
Depreciation expense 1,000
Plant and equipment 5,000

b Income from Sic 32,000

Investment in Sic 32,000

c Retained earnings — Sic 100,000

Capital stock 100,000
Investment in Sic 160,000
Noncontrolling interest 40,000

d Noncontrolling share 8,200

Noncontrolling interest 8,200

Problem 6-9
Consolidation workpaper entries

a Sales 8,000
 Cost of sales 8,000

b Cost of sales 1,000

Inventories 1,000
C Investment in Sin 1,600
Noncontrolling interest 400
Cost of sales 2,000

d Accumulated depreciation 8,000

Investment in Sin 12,800
Noncontrolling interest 3,200
Other expenses 4,000
Plant assets 20,000

e Income from Sin 42,000

Dividends 16,000
Investment in Sin 26,000

f Retained earnings Sin 20,000

Patent 17,500
Capital stock 100,000
Investment in Sin 110,000
Noncontrolling interest 27,500

g Other expenses 2,500

Patent 2,500

h Accounts payable 4,000

Accounts receivable 4,000

i Noncontrolling share 10,500

Dividends 4,000
Noncontrolling interest 6,500