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    Jawaban Audit 20-25 Dan 20-31

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    Arifatul Aini
    The document contains information from an audit exam including: - Student identification for Arifatul Aini with student number 1171002004. - Answers to audit questions 20-25 and 20-31 involving inventory adjustments, when title passes for different shipment types, and adjusting journal entries. - Adjustments needed to the client's physical inventory including materials received but not recorded and materials in transit. - The auditor's worksheet with 6 adjusting entries recording items such as purchases, accounts receivable, sales, and a claims receivable for damaged goods.

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    Jawaban Audit 20-25 Dan 20-31

    Uploaded by

    Arifatul Aini
    59 views2 pages
    The document contains information from an audit exam including: - Student identification for Arifatul Aini with student number 1171002004. - Answers to audit questions 20-25 and 20-31 involving inventory adjustments, when title passes for different shipment types, and adjusting journal entries. - Adjustments needed to the client's physical inventory including materials received but not recorded and materials in transit. - The auditor's worksheet with 6 adjusting entries recording items such as purchases, accounts receivable, sales, and a claims receivable for damaged goods.

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    The document contains information from an audit exam including: - Student identification for Arifatul Aini with student number 1171002004. - Answers to audit questions 20-25 and 20-31 involving inventory adjustments, when title passes for different shipment types, and adjusting journal entries. - Adjustments needed to the client's physical inventory including materials received but not recorded and materials in transit. - The auditor's worksheet with 6 adjusting entries recording items such as purchases, accounts receivable, sales, and a claims receivable for damaged goods.

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

    Jawaban Audit 20-25 Dan 20-31

    Uploaded by

    Arifatul Aini
    The document contains information from an audit exam including: - Student identification for Arifatul Aini with student number 1171002004. - Answers to audit questions 20-25 and 20-31 involving inventory adjustments, when title passes for different shipment types, and adjusting journal entries. - Adjustments needed to the client's physical inventory including materials received but not recorded and materials in transit. - The auditor's worksheet with 6 adjusting entries recording items such as purchases, accounts receivable, sales, and a claims receivable for damaged goods.

    Copyright:

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

    Nama : Arifatul Aini

    NIM :1171002004

    Jawaban Audit 20-25

    a) 1. Excluded
    2. Included
    3. Included
    4. Excluded
    5. Excluded
    b) 1. Goods held "on consignment" should not be included in the inventory because they do
    not belong to consignee
    2. Title to a stock item does not pass to the customer untill it is shipped even if it’s been
    set aside.
    3. The tittle to merchandise shipped FOB shipping point is normally passed to the buyer
    on delivery the transportation agency.
    4. This merchandise would be excluded because on and FOB destination shipment the
    tittle doesn’t pass to the buyer untill it is delivered to the buyer.
    5. This special machine is febricated to the customer’s order and the tittle for customer
    made merchandise is passed to the buyer as the materials and the labor are allocated
    for the job.

    Jawaban Audit 20-31

    a. Necessary adjustments to client’s physical inventory:


    Material in Car #AR38162 – received in warehouse on January 2,
    2012 $ 8,120
    Materials stranded on reoute (Sales Price $19,270 / 125%)
    15,416
    Total 23,536
    Less Unsalable Inventory
    1,250*
    Total Adjustment 22,286
    * If freight charges have been included in the client’s inventory, the
    amount would be
    $1,600 and the amount of the total adjustment would be $ 21,936.
    Journal entry 6 probably would have a credit to purchases $1,600 in
    this case.

    b. Auditor’s worksheet adjusting entries:


    1. Purchase $ 2,183
    Account Payable $ 2,183
    Untuk merekam barang di gudang tetapi tidak ditagih-
    diterima pada RR 1060

    2. No entry required. Title to goods had passed.


    3. Accounts Receivable 12,700
    Sales 12,700
    Untuk mencatat barang yang dijual yang dimuat pada
    tanggal 31 Desember dan bukan inventaris-SI 968.
    4. Sales 19,270
    Account Receivable 19,270
    Untuk membalikkan materi penjualan termasuk dalam
    penjualan (SI 966), dan dalam inventaris fisik (setelah
    penyesuaian).
    5. No Adjustment
    6. Claims Receivable 1,600
    Purchases 1,250
    Freight in 350
    Untuk merekam klaim terhadap operator untuk barang
    rusak dalam perjalanan.

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