Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Following are the transactions that took place during 2019 at the Merdeka Belajar University. Date. January 7, 2019, received educational operational assistance from the local

image text in transcribed
Following are the transactions that took place during 2019 at the Merdeka Belajar University. Date. January 7, 2019, received educational operational assistance from the local government amounting to Rp. 200,000,000 accompanied by a requirement that the aid must be used for assistance in building the Library Building. March 25, 2019, Received donations in the form of a Campus Bus from the Association 3 units of alumni with a fair value for each bus of Rp. 300,000,000. The vehicle period benefits are 10 years and are depreciated on a straight-line basis. On 7 April 2019, Mr. Yohanes Putra on behalf of PT J&J made a donation amounting to Rp. 1000,000,000 on the condition that it must be invested permanently and bring in income On April 8, the University invested a donation from Mr Johanes Putra in a long-term deposit of Rp. 100,000,000 at Bank Safe Campus with interest of 6% per annum On May 2, 2019, a temporarily bound contribution from the local government was Rp. 200,000,000 has been fulfilled for the construction of the library building. Estimated construction of the library building will last for 3 years and will spent funds of Rp. 1,000,000,000. On June 1, 2019, the University received a grant of Rp. 250,000,000 from the Ever Foundation Green. The grant is required for greening the campus environment as a form of support for the Rector's policy regarding a Green Campus. June 15, 2019, for the assistance received from the Ever Green Foundation on the Ist June 2019, the University bought tree seeds and fertilizer for Rp. 250,000,000 December 31, 2019, Received deposit interest from Bank Aman Kampus amounting to Rp. 4,500,000 Requested: a). Prepare Universitas Merdeka Belajar cash flow statement for 2019

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Accounting A User Perspective

Authors: Suadagaran, Shahrokh M, Smith Lawrence Murphy

5th Edition

1531018661, 9781531018665

More Books

Students also viewed these Accounting questions

Question

3 What are the aims of appraisal?

Answered: 1 week ago

Question

7 Compare and contrast evaluative and developmental appraisal.

Answered: 1 week ago