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Omega Corp as of December 31, 2016 has a share capital of IDR 200,000,000 and Retained Earnings of IDR 100,000,000. Zetta Corp bought 80%
Omega Corp as of December 31, 2016 has a share capital of IDR 200,000,000 and Retained Earnings of IDR 100,000,000. Zetta Corp bought 80% ownership of Omega Corp in several stages as following: Tanggal 01-Jan-17 01-Jan-18 01-Jan-19 Zeeta Corp Laba Bersih Dividen Transaction Omega Corp Laba Bersih Dividen Buy Buy Sell 2017 Rp140.000.000 35.000.000 Rp40.000.000 Ownership The difference in the purchase price is considered as goodwill and is not amortized. During 2017. 2018 and 2019 Zeeta Corp and Omega Corp reported the following information: 15.000.000 60% 30% 10% 2018 Rp150.000.000 40.000.000 Rp50.000.000 20.000.000 acquisition cost Rp216.000.000 120.000.000 2. Prepare journal entries related to the investment in 2017, 2018, 2019 3. Calculate profit for NCI 2017, 2018, 2019 35.000.000 Requires: 1. Calculate Omega Corp's investment balance in Zeeta Corp's books for 2017,2018 and 2019 2019 Rp175.000.000 55.000.000 Rp60.000.000 30.000.000
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