PROB-1 (Straight Line Method)

One piece of equipment was purchased on January 1, 2018 at a cost of Rp. 14,000,000; and has a residual value of Rp. 2,000,000, - while the economic age is estimated at 6 years.

With the straight line method it is requested:

1. Keep a journal at the time of purchase

2. Create the depreciation table over the economic life

3. Make the adjusting entry on December 31, 2019

PROB-2 (Declining balance method)

ABC Company purchased a car worth IDR 100,000,000 on January 1, 2019 with a useful life of 4 years.

Requested:

1. Keep a journal on the purchase of fixed assets

2. Create the required tables.

3. Make the adjusting entry on December 31, 2019

PROB-3 (Method Number of years)

ABC company purchased a machine with a useful life of 4 years in early 2019 for IDR 38,000,000. The residual value of the machine is estimated at IDR 2,000,000. Requested:

1. Keep a journal on the purchase of fixed assets

2. Create the required tables.

3. Make the adjusting entry on December 31, 2019

PROB-4 (Method For Production)

ABC Company purchased a truck for Rp. 600,000,000 on January 1, 2019. The truck can be used up to 20,000 km. In the first year the use of these trucks reaches 6,000 km, in the second year 9,000 km, and in the third year 5,000 km.

Requested:

1. Keep a journal on the purchase of fixed assets

2. Create the required tables.

3. Make the adjusting entry on December 31, 2019