Question
Make CORRECTION JOURNAL AND ADJUSTING JOURNAL for the things below (POINT A-F)! So there will be 2 JOURNAL Your audit team discovered the following journal
Make CORRECTION JOURNAL AND ADJUSTING JOURNAL for the things below (POINT A-F)! So there will be 2 JOURNAL
Your audit team discovered the following journal errors:
a. The company pays the salaries of employees in December, which is paid on January 5 of the following year with the journal:
Employee Salary Cost 575,000,000
Cash 575,000,000
b. A car whose book value is already zero turns out to be a used car that can still be sold at a price of Rp. 30,000,000 and recorded in the journal:
Cash 30,000,000
Sales 30,000,000
c. A new machine was purchased for Rp. 300,000,000 with an installation cost of Rp.500,000 is recorded as follows:
Machine 300,000,000
Cost 500,000
Cash 300,500,000
d. PT. X bought a truck for Rp. 500,000,000,- the cost of painting the tub was Rp. 100,000, - . Besides PT.X also allows and finances the acquisition of a B driving license (SIM) for drivers The truck is Rp. 15,000,-. All of these expenses were charged to the cost of the truck, paid in cash.
e. Insurance expenses of Rp.24,000,000 for two years are recorded in total as insurance costs.
f. Purchase of office stationery on January 5, 2019 for Rp. 3,000,000, - and still remaining Rp. 1.000.000,- has not been adjusted to the cost
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