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    Akuntansi Intermediate Uts

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    muhrom
    The document contains three cases. Case 1 presents a statement of cash flows for UMS Corporation for 2014 showing cash from operations of $112,000, cash used in investing of $40,000, and no cash from financing. Case 2 shows a bank reconciliation for Aqila Co as of June 30, 2010 with a correct cash balance of $5,403,950. Case 3 is written in Indonesian and appears to be missing key details.

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    Akuntansi Intermediate Uts

    Uploaded by

    muhrom
    9 views2 pages
    The document contains three cases. Case 1 presents a statement of cash flows for UMS Corporation for 2014 showing cash from operations of $112,000, cash used in investing of $40,000, and no cash from financing. Case 2 shows a bank reconciliation for Aqila Co as of June 30, 2010 with a correct cash balance of $5,403,950. Case 3 is written in Indonesian and appears to be missing key details.

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    The document contains three cases. Case 1 presents a statement of cash flows for UMS Corporation for 2014 showing cash from operations of $112,000, cash used in investing of $40,000, and no cash from financing. Case 2 shows a bank reconciliation for Aqila Co as of June 30, 2010 with a correct cash balance of $5,403,950. Case 3 is written in Indonesian and appears to be missing key details.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    9 views2 pages

    Akuntansi Intermediate Uts

    Uploaded by

    muhrom
    The document contains three cases. Case 1 presents a statement of cash flows for UMS Corporation for 2014 showing cash from operations of $112,000, cash used in investing of $40,000, and no cash from financing. Case 2 shows a bank reconciliation for Aqila Co as of June 30, 2010 with a correct cash balance of $5,403,950. Case 3 is written in Indonesian and appears to be missing key details.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Case 1

    UMS Coorporation
    Statement of Cash Flows
    For the Year Ended December 31, 2014
    Cash flows from operating activities
    Net income........................................................................
    Adjustments to reconcile net income to net
    cash provided by operating activities:
    Depreciation expense ............................................
    27,000
    Decrease in inventory............................................
    9,000
    Increase in accounts receivable.........................
    (16,000)
    Decrease in accounts payable............................
    (13,000)
    Net cash provided by operating activities .............
    Cash flows from investing activities
    Sale of land............................................
    39,000
    Purchase of equipment ..................... .................
    (70,000)
    Net cash used by investing activities......................
    Cash flows from financing activities
    Payment of cash dividends ........................................
    Net increase in cash.............................................................
    Cash at beginning of year ..................................................
    Cash at end of year...............................................................

    105,000

    7,000
    112,000

    (31,000)
    (40,000)
    41,000
    22,000
    63,000

    Noncash investing and financing activities were issue of ordinary shares to retire 50,000 of bonds
    outstanding.
    Case 2
    A.
    Aqila CO.
    Bank Reconciliation
    June 30, 2010
    Balance per bank, June 30..........................................
    Add: Deposits in transit..............................................
    Deduct: Outstanding checks ....................................
    Correct cash balance, June 30..................................

    4.150.000
    3.390.000
    2.136.050
    5.403.950

    Balance per books, June 30.......................................


    Add: Error in recording deposit (90.000 60.000)........
    Error on check no. 747
    (58.200 582.000)...........................................
    Note collection (1.200.000 + 36.000) .......................

    523.800
    1.236.000

    Deduct: NSF check.......................................................


    Error on check no. 742 (491.000 419.000)......
    Bank service charges (25.000 + 5.500) .......

    253.200
    72.000
    30.500

    Correct cash balance, June 30..................................

    3.969.850
    30.00
    1.789.800
    5.759.650
    355.700
    5.403.950

    B
    Cash ...................................................................................
    Accounts Receivable.............................................
    Accounts Payable...................................................
    Notes Receivable ....................................................
    Interest Revenue .....................................................
    Accounts Receivable....................................................
    Accounts Payable..........................................................
    Office ExpenseBank Charges ...............................
    Cash.............................................................................
    *
    **
    ***

    1.789.800
    30.000*
    523.800**
    1.200.000
    36.000
    253.200
    72.000***
    30.500
    355.70

    Assumes sale was on account and not a cash sale.


    Assumes that the purchase of the equipment was recorded at its proper price. If a straight cash
    purchase, then Equipment should be credited instead of Accounts Payable.
    If a straight cash purchase, then Equipment should be debited instead of Accounts Payable.

    Case 3
    Untuk kasus 3 kayak kurang informasi
    1. soal ya menerima 40 jt (uang muka) tapi tidak diketahui pokok nya (untuk mengetahui
    kurang bayar berapa)
    2. nilai angsuran 80jt tp pokoknya tidak diketahui berapa
    3. atau mungkin keterbatasan pengetahuan saya.

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