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    Mura Inc Adjusting Entries December 31, 2016 Account Title Ref Debit Credit

    Uploaded by

    Fadhilah
    The document summarizes the adjusting entries needed at December 31, 2016 for Mura Inc. It records accruals for accounts receivable and payable, as well as expenses for supplies, insurance, depreciation and rent. Inventory is also adjusted from beginning to ending balances to properly state income. In total, there are 12 adjusting entries to accurately state the company's financial position at year-end.

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    Mura Inc Adjusting Entries December 31, 2016 Account Title Ref Debit Credit

    Uploaded by

    Fadhilah
    20 views4 pages
    The document summarizes the adjusting entries needed at December 31, 2016 for Mura Inc. It records accruals for accounts receivable and payable, as well as expenses for supplies, insurance, depreciation and rent. Inventory is also adjusted from beginning to ending balances to properly state income. In total, there are 12 adjusting entries to accurately state the company's financial position at year-end.

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    Akuntansi Keuangan Pengantar

    Original Title

    Bab 4 - Problem 1

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    The document summarizes the adjusting entries needed at December 31, 2016 for Mura Inc. It records accruals for accounts receivable and payable, as well as expenses for supplies, insurance, depreciation and rent. Inventory is also adjusted from beginning to ending balances to properly state income. In total, there are 12 adjusting entries to accurately state the company's financial position at year-end.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    20 views4 pages

    Mura Inc Adjusting Entries December 31, 2016 Account Title Ref Debit Credit

    Uploaded by

    Fadhilah
    The document summarizes the adjusting entries needed at December 31, 2016 for Mura Inc. It records accruals for accounts receivable and payable, as well as expenses for supplies, insurance, depreciation and rent. Inventory is also adjusted from beginning to ending balances to properly state income. In total, there are 12 adjusting entries to accurately state the company's financial position at year-end.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 4

    MURA INC

    Adjusting Entries
    December 31, 2016

    Account Title Ref Debit Credit


    Account Receivable Rp200,000
    Sales Rp200,000
    Purchases Rp300,000
    Account Payable Rp300,000
    Income Summary Rp85,000,000
    Begining Inventory Rp85,000,000
    Ending Inventory Rp130,300,000
    Income Summary Rp130,300,000
    Doubtful Debt Rp4,500,000
    Allowance for Doubtful Debt Rp4,500,000
    Insurance Expense Rp370,000
    Prepaid Insurance Rp370,000
    Supplies Expense Rp550,000
    Supplies Rp550,000
    Depreciation Expense - Store Equipment Rp4,800,000
    Accumulated Depreciation - Store Equipment Rp4,800,000
    Depreciation Expense - Office Equipment Rp3,300,000
    Accumulated Depreciation - Office Equipment Rp3,300,000
    General and Administrative Expense - Rent Expense Rp5,000,000
    Prepaid Rent Rp5,000,000
    Total Rp234,320,000 Rp234,320,000
    MURA
    Worksh
    For The Year Ended, D

    Account Trial Balance


    Account Title Ref
    Number Debit Credit
    1 Cash Rp35,800,000
    1 Account Receivable Rp162,030,000
    1 Inventory Rp85,000,000
    1 Prepaid Insurance Rp560,000
    1 Supplies Rp1,500,000
    1 Store Equipment Rp24,000,000
    1 Accumulation Depreciation - Store Equipment Rp4,800,000
    1 Office Equipment Rp16,500,000
    1 Accumulation Depreciatin - Office Equipment Rp3,300,000
    2 Account Payable Rp39,500,000
    3 Shares Capital Rp200,000,000
    4 Retained Earnings Rp12,690,000
    4 Sales Rp550,000,000
    4 Purchases Rp385,000,000
    5 Freight in Rp15,800,000
    5 Selling Expense Rp46,400,000
    5 General and Administrative Expense Rp37,700,000
    Total Rp810,290,000 Rp810,290,000
    5 Income Summary
    5 Doubtful Debt
    1 Allowance for Doubtful Debt
    5 Insurance Expense
    5 Supplies Expense
    5 Depreciation Expense - Store Equipment
    5 Depreciation Expense - Office Equipment
    1 Prepaid Rent
    MURA INC
    Worksheet
    For The Year Ended, December 31, 2016

    Adjusting Entries Adjusted Trial Balance S. of Comprehensive Income


    Debit Credit Debit Credit Debit Credit
    Rp35,800,000
    Rp200,000 Rp162,230,000
    Rp85,000,000 Rp0
    Rp370,000 Rp190,000
    Rp550,000 Rp950,000
    Rp24,000,000
    Rp4,800,000 Rp9,600,000
    Rp16,500,000
    Rp3,300,000 Rp6,600,000
    Rp300,000 Rp39,800,000
    Rp200,000,000
    Rp12,690,000 Rp12,690,000
    Rp200,000 Rp550,200,000 Rp550,200,000
    Rp300,000 Rp385,300,000 Rp385,300,000
    Rp15,800,000 Rp15,800,000
    Rp46,400,000 Rp46,400,000
    Rp2,500,000 Rp35,200,000 Rp35,200,000

    Rp85,000,000 Rp85,000,000 Rp85,000,000


    Rp4,500,000 Rp4,500,000 Rp4,500,000
    Rp4,500,000 Rp4,500,000
    Rp370,000 Rp370,000 Rp370,000
    Rp550,000 Rp550,000 Rp550,000
    Rp4,800,000 Rp4,800,000 Rp4,800,000
    Rp3,300,000 Rp3,300,000 Rp3,300,000
    Rp2,500,000 Rp2,500,000
    S. of Financial Position
    Debit Credit
    Rp35,800,000
    Rp162,230,000
    Rp0
    Rp190,000
    Rp950,000
    Rp24,000,000
    Rp9,600,000
    Rp16,500,000
    Rp6,600,000
    Rp39,800,000
    Rp200,000,000

    Rp4,500,000

    Rp2,500,000

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