PT A bought the machine at a price of Rp 200,000,000 in cash, the cost of transporting the machine in the amount of Rp 15,000,000 was borne by PT A. In order to install the machine, the following costs were incurred:

In the trial period, the production costs were Rp 5.500.000. The results of the trial production turned out to be quite good and all of them were sold at Rp 6.000.000 in cash PT A booked the transactions as follows:

Question: a. What should the acquisition cost of the machine be? b. If necessary repairs on the bookeeping of the above, how entries are corrected?

Foundation preparation costs and setup costs Engineering consulting fees Rp 2.400.000 Rp 3.000.000 Rp 5.400.000 MA Dr. Machine Dr. Consultant Fees Dr. Inventory Cr. Cash Rp 217.400.000 Rp 3.000.000 Rp 5.500.000 Rp 225.900.000 Dr. Cash Cr. Other income Rp 6.000.000 Rp 6.000.000