Nama : Jurati

NIM : A1C019118

Kelas : C S1 Akuntansi

LATIHAN 7

1. E17.2 (LO1) (Debt Investments) On January 1, 2019, Jennings SA purchased at par 10%
bonds having a maturity value of €300,000. They are dated January 1, 2019, and mature
January 1, 2024, with interest receivable December 31 of each year. The bonds are held to
collect contractual cash flows.
Instructions
a. Prepare the journal entry at the date of the bond purchase.
b. Prepare the journal entry to record the interest received for 2019.
c. Prepare the journal entry to record the interest received for 2020.

Jawab :

a. 1 Januari 2019
Investasi hutang €300,000
Kas €300,000

b. 31 Desember 2019
Kas €30,000
Pendapatan bunga €30,000

c. 31 Desember 2020
Kas €30,000
Pendapatan bunga €30,000

2. E17.3 (LO1) (Debt Investments) On January 1, 2019, Roosevelt Company purchased 12%
bonds having a maturity value of $500,000 for $537,907.40. The bonds provide the
bondholders with a 10% yield. They are dated January 1, 2019, and mature January 1, 2024,
with interest received December 31 of each year. Roosevelt's business model is to hold these
bonds to collect contractual cash flows.
Instructions
a. Prepare the journal entry at the date of the bond purchase.
b. Prepare a bond amortization schedule.
c. Prepare the journal entry to record the interest received and the amortization for 2019.
d. Prepare the journal entry to record the interest received and the amortization for 2020.
 Jawab :

a. 1 Januari 2019
Investasi hutang $537,907.40
Kas $537,907.40

b. Tabel amortisasi yang digunakan untuk menghitung pendapatan bunga serta

amortisasi nilai buku investasi adalah sbb:

12% BONDS PURCHASED TO 10% YIELD

Bond
Discount Carrying
Cash Interest Amortizatio Amount
Date Received Revenue n of Bonds
1/1/2019 $537,907.40
31/12/2019 $60,000 $53,790.74 $6,209.26 $531,698.14
31/12/2020 $60,000 $53,169.81 $6,830.19 $524,867.95
31/12/2021 $60,000 $52,486.80 $7,513.20 $517,354.75
31/12/2022 $60,000 $51,735.48 $8,264.52 $509,090.23
31/12/2023 $60,000 $50,909.02 $9,090.98 $500,000

c. 31 Desember 2019
Kas $60,000
Investasi hutang $6,209.26
Pendapatan bunga $53,790.74

d. 31 Desember 2020
Kas $60,000
Investasi hutang $6,830.19
Pendapatan bunga $53,169.81

3. E17.4 (LO1) (Debt Investments) Assume the same information as in E17.3 except that
Roosevelt has an active trading strategy for these bonds. The fair value of the bonds at
December 31 of each yearend is as follows.
2019 $534,200 2022 $517,000
2020 $515,000 2023 $500,000
2021 $513,000

Instructions
a. Prepare the journal entry at the date of the bond purchase.
b. Prepare the journal entries to record the interest received and recognition of fair value for
2019.
c. Prepare the journal entry to record the recognition of fair value for 2020.
 d. Discuss how the response to (c) will be different assuming Roosevelt has a
strategy of held-for-collection and selling.
Jawab :
a. 1 Januari 2019
Investasi hutang (tersedia untuk dijual) $537,907.40
Kas $537,907.40

b 31 Desember 2019
.
Kas $60,000
Investasi hutang (tersedia untuk dijual) $6,209.26
Pendapatan bunga ($537,907.40 x 0,10) $53,790.74

Penyesuaian nilai wajar (tersedia untuk dijual) $2,501.86

Keuntungan atau kerugian kepemilikan
yang belum direalisasi – Ekuitas
($534,200 - $531,698.14) $2,501.86

c. 31 Desember 2020
Keuntungan atau kerugian kepemilikan yang $12,369.81
belum direalisasi – Ekuitas
Penyesuaian nilai wajar $12,369.81

Amortized Fair Value Unrealized

Cost Gain (loss)
Obligasi tersedia untuk dijual $524,867.95 $515,000 $9,867.95
Penyesuaian nilai wajar sebelumnya $2,501.86
Penyesuaian nilai wajar $12,369.81

4. E17.5 (LO1) (Debt Investments) On January 1, 2019, Morgan Company acquires $300,000
of Nicklaus, Inc., 9% bonds at a price of $278,384. The interest is payable each December
31, and the bonds mature December 31, 2021. The investment will provide Morgan
Company a 12% yield. The bonds are classified as held-for-collection.
Instructions
a. Prepare a 3-year schedule of interest revenue and bond discount amortization. (Round to
nearest cent.)
b. Prepare the journal entry for the interest receipt of December 31, 2020, and
the discount amortization.
 Jawab :
a. Tabel amortisasi yang digunakan untuk menghitung pendapatan bunga serta
amortisasi nilai buku investasi adalah sbb:

9% BONDS PURCHASED TO 12% YIELD

Bond
Discount Carrying
Cash Interest Amortizatio Amount
Date Received Revenue n of Bonds
1/1/2019 $278,384
31/12/2019 $27,000 $34,205 $7,205 $285,589
31/12/2020 $27,000 $34,205 $7,205 $292,794
31/12/2021 $27,000 $34,205 $7,205 $300,000

b. 31 Desember 2020
Kas $27,000
Investasi hutang $7,205
Pendapatan bunga $34,205

5. E17.8 (LO1) (Fair Value Option) Presented below is selected information related to the
financial instruments of Dawson Ltd. at December 31, 2019 (amounts in thousands). This is
Dawson Ltd.'s first year of operations.
Carrying Fair Value (at
Amount December 31)
Debt investments (intent is to hold for ¥40,000 ¥41,000
collection)
Bonds payable 220,000 195,000

Instructions
a. Dawson elects to use the fair value option whenever possible. Assuming that Dawson's
net income is ¥100,000 in 2019 before reporting any financial instrument gains or losses,
determine Dawson's net income for 2019.
b. Record the journal entry, if any, necessary at December 31, 2019, to record the fair value
option for the bonds payable.
Jawab :
a. Dawson's net income ¥100,000
Debt investments (¥41,000 - ¥40,000) ¥1,000
Bonds payable (220,000 - 195,000) 25,000
Net income ¥126,000

b. 31 Desember 2019
Hutang obligasi 25,000
Keuntungan atau kerugian kepemilikan yang
belum direalisasi – Pendapatan 25,000
6. E17.9 (LO4) (Comprehensive Income Disclosure) Assume the same information as E17.6
and that Steffi Graf SA reports net income in 2019 of €120,000 and in 2020 of €140,000.
Total holding gains (including any realized holding gain or loss) equal €40,000 in 2020.
Instructions
a. Prepare a statement of comprehensive income for 2019, starting with net income.
b. Prepare a statement of comprehensive income for 2020, starting with net income.
Jawab :

a. STEFFI GRAF SA
Laporan Laba Rugi Komprehensif
31 Desember 2019
Pendapatan bersih $120,000
Pendapatan komprehensif lainnya
Keuntungan kepemilikan yang 1,100
belum direalisasi
Pendapatan komprehensif $121,100

b STEFFI GRAF SA
. Laporan Laba Rugi Komprehensif
31 Desember 2020
Pendapatan bersih $140,000
Pendapatan komprehensif lainnya
Keuntungan kepemilikan $40,000
Ditambah : penyesuaian reklasifikasi atas 2,400 42,400
kerugian termasuk dalam laba bersih
Pendapatan komprehensif $182,400
Akumulasi pendapatan komprehensif lainnya
Saldo awal, 1 Januari 2020 $1,100
Periode pendapatan komprehensif lainnya $40,000
saat ini
Jumlah yang direklasifikasi dari akumulasi 2,400
pendapatan komprehensif lainnya
Keuntungan kepemilikan yang belum 42,400
direalisasi
Saldo akhir, 31 Desember 2020 $43,500

7. E17.17 (LO2) (Equity Investments—Trading) Feiner Ltd. had purchased 300 shares of
Guttman plc for £40 each this year and classified the investment as a trading investment.
Feiner sold 100 shares for £43 each. At year-end, the price per share had dropped to £35.
Instructions
Prepare the journal entries for these transactions and any year-end adjustments.
Jawab :

a. Investasi ekuitas (300 saham x £40) £12,000

Kas £12,000

b. Kas (100 saham x £43) £4,300

Keuntungan atas penjualan dari investasi £300
Investasi ekuitas (treding) £4,000
(100 x £40)

c. Keuntungan atau kerugian kepemilikan yang belum £500

direalisasi - Pendapatan
Penyesuaian nilai wajar £500
(treding) (£40-£35) x 100