Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Indah is a property consultancy agent who works successfully in a private property agency company. In January 2020, Indah decided to set up her own

image text in transcribed
image text in transcribed
Indah is a property consultancy agent who works successfully in a private property agency company. In January 2020, Indah decided to set up her own business by renting a rental office known as Indah 1. Assets Properti, 1.1. Current asset 3. Capital The following business transactions were carried out by Indah Properti throughout January 2020: 31. Indah Properti Modal 12 Accounts Receivable 32.Prive (Personal Collection) 13 Prepaid rent 33. Overview of Profit and Loss Januari 1, Assets received by Indah property. Cash Rp. 15,000,000; accounts receivable Rp. 14 Equipment 15 Prepaid insurance Income Statement Accounts are as follows: 3,000,090, equipmentIDR 2,000,090 and office equipment IDR 12,500,000 Paid six months' rent according to the contract, amounting to Rp.$,400,000 1.1. Fixed assets 4. Income 18 Office Equipment 41 Service Revenue 2. Paid fire and lots ing. ince premium of Rp 2,400,000 19 Accumulated Depreciation in Received cash from clients as prepayment for services rendered and recorded as Equipment 5. Load unearned income Ap.5,900,000 51 Salary Expenses 2. Obligations 52 Office Rental Expense Purchased additional office equipment on credit of IDR 2,000,000 2.1. Current Liabilities 53 Equipment Depreciation Expense 21 Accounts Payable 54 Advertising Expenses Received cash from the clientfor the settlement of trade accounts receivable 11 Unearned income 55 Vehicle rental expenses Ap1,800,800 13 Salaries Payable 56 Insurance Expense Paid cash for newspaper advertisement of IDR 150,000 57 Supplies Expense 59 Other expenses B, Paid equipment purchase debt on January 4 amounting to Ro1 200,000 12 Recorded the services provided on credit for the period January 1 - 12, amounting to Ap. 4.200,000 14. Pay 2 weekly salaries for part-time receptionistID: 750,000 16. Received cash from clients for the honorariumfor the period January 1-16, p.6,500.000 17. Pay cash for the purchase of equipment Rp1,000,000 20. Recording the outstanding honorarium for the period January 13-20 is Rp2,100,000 24. Received cash from clients for the honorarium for the period January 17 - 24 Ap. 3,850,000 26, Received cath from clients for the settlement of trade receivables Ros,600,090 28 Pay 2 weekly salaries for part-time receptionist IDR 750,000 20. Paid January phone bill of OR 150,090 Paid IDA 300,000 electricity bill in January Received cash from clients for the honorarium for the period January 25 - 30 amounting to RA3 050,000 51. Recording the outstanding honorarium for the remainder of January Ap1,500,080 31. Indah made a cash withdrawal of IDR 5,090.000 for personal upe]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Financial Accounting A User Perspective

Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry

6th Canadian Edition

470676604, 978-0470676608

Students also viewed these Accounting questions