You works as an auditor at the KAP Moh Mahdun dan Rekan office. You assigned became the Team Leader to audit PT Angkasa Perkasa Multipurpose. Auditee data already you receive it completely, then you and the team immediately start examining the report finance according to the Public Accountant Professional Standards (SPAP). You and Tim began to see Auditee Financial Statements starting from the Balance Sheet, Income Statement and supporting documents.

This is the first time PT Angkasa Perkasa Multiguna has been audited by a KAP. Balance Sheet and Reports

Profit and Loss is shown as follows:

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Assets PT Angkasa Perkasa Multipurpose Balance sheet As of December 31, 2019 Liability Current asset Current Liabilities Cash Rp 36,000,000 Accounts payable Rp 14,250,000,000 Bank Rp 2,450,000,000 Employee Debt Rp 450,000,000 Accounts receivable Receivables employee Rp 185,000,000 Receivables from the Board of Directors Rp 250,000,000 Other receivables Stock Rp 12,875,000,000 Miscellaneous Debt Rp 1,675,000,000 Tax debt Rp 2,780,000,000 Prepaid income Rp 3,360,000,000 Rp 247,500,000 Advance payment Rp 1,780,000,000 Rp 6,800,000,000 amount Rp 24,623,500,000 amount Rp 22,515,000,000 Fixed assets Soil Long-term obligation Rp 5,000,000,000 Bank Loans Rp 7,500,000,000 Rp 15,000,000,000 Debt of Directors Rp 2,500,000,000 Building Accumulated Depreciation of Buildings Rp (1,050,000,000) Vehicle Rp 950,000,000 Accumulated depreciation of vehicles Rp (240,000,000) Inventory Accumulated Depreciation Equity Rp (340,000,000) Book Value of Fixed Assets Rp 20,520,000,000 Amount of Long Liability Inventory Rp 10,000,000,000 Rp 1,200,000,000 Capital stock Rp 5,000,000,000 Retained earning Rp 6,283,500,000 Current year profit Rp 1,345,000,000 Total Equity Rp 12,628,500,000 Total assets Rp 45,143,500,000 Total Liabilities Rp 45,143,500,000 Assets PT Angkasa Perkasa Multipurpose Balance sheet As of December 31, 2019 Liability Current asset Current Liabilities Cash Rp 36,000,000 Accounts payable Rp 14,250,000,000 Bank Rp 2,450,000,000 Employee Debt Rp 450,000,000 Accounts receivable Receivables employee Rp 185,000,000 Receivables from the Board of Directors Rp 250,000,000 Other receivables Stock Rp 12,875,000,000 Miscellaneous Debt Rp 1,675,000,000 Tax debt Rp 2,780,000,000 Prepaid income Rp 3,360,000,000 Rp 247,500,000 Advance payment Rp 1,780,000,000 Rp 6,800,000,000 amount Rp 24,623,500,000 amount Rp 22,515,000,000 Fixed assets Soil Long-term obligation Rp 5,000,000,000 Bank Loans Rp 7,500,000,000 Rp 15,000,000,000 Debt of Directors Rp 2,500,000,000 Building Accumulated Depreciation of Buildings Rp (1,050,000,000) Vehicle Rp 950,000,000 Accumulated depreciation of vehicles Rp (240,000,000) Inventory Accumulated Depreciation Equity Rp (340,000,000) Book Value of Fixed Assets Rp 20,520,000,000 Amount of Long Liability Inventory Rp 10,000,000,000 Rp 1,200,000,000 Capital stock Rp 5,000,000,000 Retained earning Rp 6,283,500,000 Current year profit Rp 1,345,000,000 Total Equity Rp 12,628,500,000 Total assets Rp 45,143,500,000 Total Liabilities Rp 45,143,500,000