Scribd
Upload
203 views1 page

AKL 1 Rissa (Sesi 6)

This document contains the answers to inventory questions for a consolidated balance sheet. It lists the beginning and ending inventory amounts for 2012 and 2013 for three companies - Pot, San, and Tay. It also calculates the unrealized intercompany profit in the inventories by determining the cost of the intercompany inventory acquired.

Uploaded by

Clarissa Halim
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
203 views1 page

AKL 1 Rissa (Sesi 6)

This document contains the answers to inventory questions for a consolidated balance sheet. It lists the beginning and ending inventory amounts for 2012 and 2013 for three companies - Pot, San, and Tay. It also calculates the unrealized intercompany profit in the inventories by determining the cost of the intercompany inventory acquired.

Uploaded by

Clarissa Halim
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Nama : Rossherleen Clarissa Halim

NIM : 20190070051
Akuntansi Lanjutan 1 (Sesi 6)
Jawabannya!
1. Inventories appearing in consolidated balance sheet at December 31, 2012
Beginning inventory — Pot ($120,000 - $8,000a) $112,000
Beginning inventory — San ($77,500 - $15,500b) 62,000
Beginning inventory — Tay ($48,000 - 0) 48,000
Inventories December 31 $222,000
Intercompany profit:
a) Pot:
Inventory acquired intercompany ($120,000  40%) $ 48,000
Cost of intercompany inventory ($48,000/1.2) (40,000)
Unrealized profit in Pot's inventory $ 8,000
b) San:
Inventory acquired intercompany ($77,500  100%) $ 77,500
Cost of intercompany inventory ($77,500/1.25) (62,000)
Unrealized profit in San's inventory $ 15,500
2. Inventories appearing in consolidated balance sheet at December 31, 2013
Ending inventory — Pot ($108,000 - $9,000c) $ 99,000
Ending inventory — San ($62,500 - $12,500d) 50,000
Ending inventory — Tay ($72,000 - 0) 72,000
Inventories December 31 $ 221,000
Intercompany profit:
c) Pot:
Inventory acquired intercompany ($108,000  50%) $ 54,000
Cost of intercompany inventory ($54,000/1.2) (45,000)
Unrealized profit in Pot's inventory $ 9,000
d) San:
Inventory acquired intercompany ($62,500  100%) $ 62,500
Cost of intercompany inventory ($62,500/1.25) (50,000)
Unrealized profit in San's inventory $ 12,500

You might also like