On March 1, 2019, PT Maju purchased a cash supply of 500 boxes of fresh detergent soap merchandise @ 24 packs with a total purchase value of IDR 108,000,000. On April 1, 2019, all of the Fresh detergent merchandise inventory was sold in cash to PT Jaya at a price of IDR 144,000,000. As of December 31, 2019, 400 boxes were sold in cash. The sales value of Fresh detergent per box by PT Jaya is IDR 360,000.On April 5, 2019, PT Maju purchased 500 dozen Green Coffee coffees at a price of IDR 54,000 per dozen from PT Jaya in cash. PT Jaya itself bought the Green Coffee coffee in cash at a price of IDR 48,000 per dozen on March 31, 2019. During 2019, PT Maju sold 400 dozen Green Coffee coffees at a price of IDR 66,000 per dozen in cash. So, as of December 31, 2019, PT Maju has 100 dozen Green Coffee coffees.During 2019, PT Jaya announced a net profit of Rp1,200,000,000 and a cash dividend totaling Rp300,000,000. PT Maju itself distributed cash dividends of IDR 500,000,000 during 2019.It is assumed that both PT Jaya and PT Maju use the perpetual inventory recording method.Question:a) Describe how PSAK 65 (R.2014) explains the consolidation procedure (the procedure for preparing consolidated financial statements).b) Make a journal related to the sale and purchase of Fresh detergent soap and Green Coffee coffee from PT Maju and PT Jaya during 2019.c) Keep the necessary consolidated elimination journal. Make an Inventory consolidation calculation if necessary, to make calculations easier.d) Prepare a consolidated working paper.e) Prepare a consolidated profit and loss statement, a consolidated statement of retained earnings, and a consolidated statement of financial position for the period ended 31 December 2019

1) On January 2, 2019, PT Maju purchased 80 percent of PT Jaya's shares at a purchase price of IDR5,500,000,000. The following shows the trial balance of PT Maju and PT Jaya as of December 31, 2019. TRIAL BALANCE As of December 31, 2019 Account Title PT Maju PT Jaya Debit Credit Debit Credit Asset Accounts receivable 720.000.000 575.000.000 Other receivables Stock 789.000.000 658.000.000 Soil 1.350.000.000 800.000.000 Building 4.500.000.000 3.750.000.000 Machine 2.500.000.000 1.750.000.000 Investment in shares of PT 6.220.000.000 Jaya Accumulated depreciation 1.850.000.000 1.025.000.000 Accounts payable 925.000.000 450.000.000 Miscellaneous debt 1.275.000.000 525.000.000 Common stock 3.000.000.000 2.000.000.000 Agio shares 1.500.000.000 2.000.000.000 Retain earning 5.200.000.000 2.800.000.000 Sales 10.800.000.000 5.400.000.000 Revenue from PT Jaya 960.000.000 Cost of goods sold 4.800.000.000 2.880.000.000 Depreciation expense 1.050.000.000 475.000.000 Amortization expense Other operating expenses 1.950.000.000 845.000.000 Dividend 500.000.000 300.000.000 Total 25.510.000.000 25.510.000.000 13.000.000.000 13.000.000.000 The difference between the purchase value and the book value that arises on January 2, 2019 is attributed to the following: . Difference in machine market value (machine book value of IDR 1,050,000,000 and machine fair value of IDR 1,800,000,000) . Difference in land market value (land book value of IDR 800,000,000 and land fair value of IDR 1,200,000,000) . Goodwill is recognized for the remainder. In general, machines are depreciated over 5 years, buildings are depreciated over 10 years, while goodwill is not amortized, in accordance with PSAK 15 (Revised 2014)