Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Yogha established a trading company PAPUA Store, with a deed of establishment no 21 akt 222, with an establishment capital of 100 shares with a

image text in transcribed
Yogha established a trading company PAPUA Store, with a deed of establishment no 21 akt 222, with an establishment capital of 100 shares with a paid-up capital value of Ro. 500,000,000, and was confirmed as a Taxable Entrepreneur. as of 1 January 2021, Transactions during January are as follows 2021: a) On 1/01/2021 cash paid in as company capital amounting to Rp.500,000,000 b) On 1/01/2021, the rent for the building was paid for 1 year in the amount of Rp.40,000,000, not including 10% VAT. c) On 2/01/2021 office supplies were purchased for Rp. 10,000,000 excluding 10% VAT in cash d) On 3/01/2021 purchased merchandise inventory for Rp.200,000,000 excluding 10% VAT, in cash for Rp.154,000,000 and the rest on credit. On 5/01/2021 received a loan from the Bank amounting to Rp.200,000,000, with an interest of 13% per annum and will be paid in installments over 4 years to be paid every 1st of the following month. On 7/01/2021, the insurance premium for 1 year was paid in the amount of Re. 10,000,000 g) On 8/01/2021, a building for a warehouse was purchased for Rp.300,000,000 excluding VAT 10%, 50% cash and the remainder was issued a note payable, with a book value of Rp.10,000,000 and will be depreciated over 20 years. h) On 9/01/2021 office equipment was purchased on credit for Ro. 10,000,000 excluding 10% VAT, with a residual value of Rp. 500,000 and will be depreciated over 4 years. i) On 11/01/2021 a vehicle was purchased in cash for Ro. 192,500,000 Including VAT (10%), with a residual value of Ro, 10,000,000 and will be depreciated over 8 years. i) On 01/11/2021 selling goods to Joko Makmur in cash amounting to Rp.12,500,000, and receiving income from shipping services of Rp.100,000 (not including 10% VAT), for the sale, a 2% discount is given, from the proceeds of the sale. merchandise sales. The HPP for this sale is Ro. 10,000,000 k) On 15/01/2021 sold merchandise to PT Barokah for Rp.41.250,000 (including 10% VAT), on credit. The HPP for this sale is Ro. 30,000,000 1) On 15/01/2021 a Patent of Rp.5.000,000 has been paid for a useful life of 10 years. m) On 16/01/2021, the copyright is Rp. 7,500,000 for a useful life of 10 years n) On 17/01/2021 paid an advertising fee of IDR 1,000,000 o) On 18/07/2021 the utility fee is Rp.2.750.000 p) On 19/01/2021 selling merchandise to PT Cahaya for Rp.103,125,0000 (Including VAT 10%) on credit, and transportation costs of Rp.500,000 were borne by PT Papua Store. HPP for this sale is Rp.75,000,000 q) On 20/01/2021 received a return of goods from PT Cahaya because it was damaged for Be. 2,500,000 (Excluding 10% VAT). COGS for the return of this item is Ro. 2,000,000 On 21/01/2021, selling merchandise to Toko Makmur in cash for Re. 50,000,000 (not including 10% VAT). HPP for this sale is IDR 40,000,000 s) On 23/01/2021 payment of Receivables from PT Barokah was received on January 15, 2021 with BNI giro number 001. t) Paying the warehouse purchase installment on January 8, 2021 in the amount of Rp.75,000,000 u) On 24/01/2021 PT Papua Store announced that it would distribute a dividend of Bo. v) 2,000,000 to be paid on February 10, 2021 w) On 25/01/2021, selling goods to PT Berkat Cipta Abadi for RR. 25,000,000 (not including 10% VAT) in cash, the HPP for this transaction is Ro. 20,000,000. x) On 29/01/2021 Received payment of Receivables from PT Cahaya amounting to Rp32,000,000 Requested Calculate and explain the meaning of each ratio a) Current ratio b) Acid Test Ratio C) Inventory turnover ratio d) Profit Margin Asset Turnover Ratio f) Payout ratio

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Detecting Accounting Fraud Analysis And Ethics

Authors: Cecil Jackson

1st Edition

0133078604, 9780133078602

More Books

Students also viewed these Accounting questions

Question

Discuss the role of motivation in financial literacy.

Answered: 1 week ago

Question

Pay him, do not wait until I sign

Answered: 1 week ago

Question

Speak clearly and distinctly with moderate energy

Answered: 1 week ago