SNM Gace B- Uixotw A COUNTING Iloht FINANGAL ACLOUNTING AND pePORTING Pro, PROpENAS PART-2 Oy on Reece lompany A) F 6,048 000 Solution Principal Aad teres (1,000,060 x 10%. x M3) Maturty value Less’. Dircount ( 4,200,000 «127. ¥ Ya) Nak Proceeds 2) (F.52, 000 SOlukon | Prinapal Areurued inners recervabe ( 000,000x107 * Hp) Careying omvont oF noe reawa ble Nek Proweat Camyi ing aroun oF ote rudval. oss On vole reat bly Financ ng PROBLEM 2) Rina Company a) 4,017,000 Golwiion + Prin veal (interes (4,000,000 x 127. ¥9Pfyu9) Yalwe USS", Disvoynt (4,120,000 * 167, y fou) Net Prod b) (% 23,00) olor’. : Sonera interast reanoble ble (4,000, sx0%12 ¥%Au0) Ce oF moke rei, cing ene & woke coaivable loa On nly rouble Feeding F (000,000 300,000 G, 200,000 252,000 b,046, 000 # G,000,000 100,000, Gy G °4€,000 ¢ 1,100 000) i li 4,00 ,000 120, 000 4,120, 000 on EF ,000 ,000 40/095 4,040,000 4,211,000 (4, 040,007)Roxanne Gaw &. Gleatw Propurm BB Panday ino: a) P 2,115,000 Solvton’. Fave amount Present ralve (5,000, 000 0-55) Unearned interest 5,000, 000 2,625, b) ® $25,000 Solusen'. Presomt Valve F 2,825 000 Camping arneint 2,000,000 Gain oo gale $25 we C) © 394,000 S— SoWhion'. Yaeteya (nuoon (2,628,000% 121) = [F394 06g) Neo A) F 2,664,000 Goluken’. Note recede - 12/81/14 (5,000,000 -Sv0, 000) P 4,500,00 Lesc', Uncarred interest invame- 1212/19 (2, 175-334, 000) 1, 836,060 Caring amaunt - Dec- 21,2014 PROBLEM 41 Naruto Company a) F\l0, 000 Sownon Oct BI - Dee 3) Paoagal ® 3,000,000 Interest ito x Sr. 240,000 Monte . | on wear) Fae IF 2, w4,000 Maren - Dee- F1,000, tu. = &y, 0,000 : yi,Poxne Gale B: Utwarul PROBUENY 4 Loninuthon b) 7. 425,000 Sowbkon". kevounkt recivable (3,640,000 4 520, 000) Dec: 31,2018 Cuedit Coles cath Wwlechone wade ope Kapunts reanable “Dee 31,2014 AMowance ~ Dec- 31,2014 Doubteul auownt expanse (squeer) Toral Write - OFF Mvovoner - Deer 21,2014 (10. ¥ 5 ,3190,000) PROBLEM 5” Neji banle a) F 3,111,500 Solwtion’ Origination Fee received Direc originaton Fee Unearaed Interest invome Pringpal amount Uneorned intereth Income Connying armaunt: -Jan- 1,206 b) P 449, 360 solution’. carwigng, amOwnF ¥ Waterest vote lntorert invorne > we C) RRNAGIM F 3, 151 OO sowton’. wan rewivobl. Las, Uneartud Wnberest invorne -20ly [rer q00 $45, 20 x02) Comying, amount - Dee. |, 2016 4,060,000 21, WO, 000 % 360,000 ( GI, 500) E2E5,500 4,000,000 (_2¢6 50) ea PS,Ti NO 27. 4,000,000 243,120 * 5gRoxane Gow @ Uluarul PROBLEM G*. Byakugan Bank DY P 2,465,000 Solubon Dee- 31,2014 (S000 x -40) FP 450,000 Loam recenble 7,500,000 Dee 31,2090(1,000,090% 4) B10, 009 Acsrucd ine yp _ 829,000 Dee 21,2021 ( 2000, 008-2) 140,000 Coveesiv one ® 8,225, Dee- 31,2002. (4,000;000% We) 2, [lk 000 lust: Reason 212,02 Total Preiunt value fem ar Vos Peau = mene (E228. b) P 564,L00 Soweon', Peesunt valve F & %00, 000 Vater tare x WW. Ito ILO CFS ,A41, G00 solukon'. Loan reaivtlls (750/000 - 500,070) 7,000,000 Mrowonce. For (200 mga ment (2,}40,008 - 51, b00) C1, 550,900) carnying amount - De 91,2014 P5444 420 | PROPLEN 1°. JiayA Company, ecu’. ® 5,700,000 Soiukon”. ieeme counkat in the bodega F 4,000 00 Vteme includd jm the CONE cpeipically veqr@lyata per cale-vontroct (190, 060) Tks in reowing dupartinent, Faun ly oa tomer BS, 020, heme ordered anc in the rewiving dapartmnt 490,008 anaes SHERA tov | FID Lihipping grine) densigsh'on Wev0re \keme Por dicplay 200,000 Ves dn oaanttir por sale gone Donagd ond wnaladle Yteas iectudad 1p count ( sxs0) Home ip Bre Shipping department 250; tr (marrying) Cored amacin t FasProne Gece &- Ceol Peau 6% Cardlophe Gapony Ancwe. # 5500, 000 Solurion’. Natesal Goods im Prowss Finished goods in Faro: Pinithed goods in enttng ond retail Sore( 16,000 Fig”) Finiched goo in the bade te bonsignte (400,00 Xb0y) Rnishea goods in tenet Raised qowody ov om ope ow Matwiale in Trani Cored Went Ob, PROMLENM 41, Sabu Inc - Ancuud, Nek Method - LT 0 Grvar nethot - P \,1&4,000 # 1,400,000 &5v,~0 2,000,000 500,000 240,00 290,000 tod ;C00 200,00 Gaz sombion'. NET METHOD Grek WETKOD Purchaics (800,000 41,000,000) \,900,000 Purhcues Flop Purchace Disount baleen ( €0,000%37.) (iejcoo) Purchase dicount tala C1420) Purrrase Bielornt wok keen (y070,070%27) __Bojo) Ag Pwchoaal es Pie Net dimgont —— PRIDLEM 10". Tsunade Inc. wnems 1 FJ, AI1,000 INP ,N90, 000 8. BS.425 0 A Inventong, 2) Aevarsts Rarysbl 8) Net oly Wnodjutrd — {,250,000 job, 000 A, 000,099 2 ; - (25,09) v 50,0D 5v,000 — c 10,000 S| ~ o 16,005 - (40.000), e 25,000 . ~ F 20,000 ~ 7 G - 60,070 * 12,900, 20,000 = tyra = #1, Ai wo \ ja 130,00 \ (ee)Povanne Gaue &- Lituapus Propurt Nl: Inu yarha Company Answer. P 5, 650,00 Soludon'. Unite Unis com Total cose Nanny, 16 lo) a00 2s ? 3,450.00 26 (ob, & 24 P2,400,00 _P 2,420,007 Tol (reo) Sen oe F_ 5, SFU? Re SE PROBUEM 12 Upin Cetmpporny Ansuxe’. © 3,1 80,009 Solum on" WE Unie = Unit Co © Tefal vowy danvany vo taQ428 2,000 \oo 2,000,000 Foorwany 8 WRyO~ —2%,ae- Wo 3,200,000, Tetal Bcd eS = 5 2pe Weighted Awecage Unit vont = Total cose Juni = 5,20b,.00 /ov, 00 5 oe Com op Inventory, uote Unie Teal_con Bb,000 POL © \@ 3, le, 3 PROBLEM 2, Kagome Answer’. P 3,225 007 Solubov! e Unite Unit (ory ‘Total tof dan. | 10,005 leo ® 1,020 000 Sewage te a A» ’ dan. 20 (sae) (A jcx9 te __(1, 575,002) Pala 7,070 ns 1,22.6;00 4 5 07 0 oro 21092079 Bala. (24e) 09, 20%Poxmne Grace &. Ulvarw FROmUEM 14°. Naralew Lompary Avcusl- P 12,000,000 Soluron’. Kahlo Nip of (ot x Sede price por lok > 20% 400;00 Saue Pie > 20,000, 00 Sat Eri Youn — Total (alt ® 20,000 000 Be EBe222| ee PROBLEM. 15. Kenshin Cornpeany a %3,200, 00 Slunion', Reoaych 4 PRAMCAY Matecals Ord Gonversion toSts — \,502/097 1,400,000 Selling PR 2,000,000 % 070% Sdairg tosts Coco y200)_ _(192%)29) Net Pail Wlo 1.400, {,400,000, ae 790,020. Necasuranant at lower amount 1,400,020 “1600.0? Nuasuroment por 4 Piseguck © P \,400,000 Produr ¥ 1,920,000 Total Inontowy- lnc videl F300, 000 ~ yeaa &) F 3,200,009 Soli! Mapwalr % lanvertion pod} Ma Peatirable Value Produk % 1,59, 000 \,40b ,008 Predwr Y — 62R,0ve. 200m ‘YOO )200. aD. Tota 3,700,200, BWC se oes emiaEEE Sa Rowan Grae © Lituatw PeOmLEM IL. Shishtyo Ino: )) ® Ivo ,000 Sdesbon "| pumainiing lonreact -\000 wiitt Cah year 2014 (000 x P00) 2p (90 x 1007) P |@,00v a =o USS eexmalrcd Rewivalole Value (2,002rw) 200 a Eee! eS 2) 720,000 Solubon’. (nventong - Deo 3) 2018 at wry (24gd0 units x Ploo) P250,00d Ne rcoliwblt valw (2,500 wi © € 22) ‘50,000 no vn So (Cae PRDUEM DN Yabo Company 0°) 74,200 009 Solution’. pone reaioble - April % e ee nite. eg 10, DUD ee Customers (440 070-20, 02) 420,00 loss". count rearvaly- March 31 a anoaee Salet gor April ; Salus lp ty Marcle 21 See tail cal 21 VOOM, 1200 , wo &) ® 2,\v0,000 Solution - Aout Raydo Apsl 96 (, Al Shi L pment) PF 4,000 Payment Por Ain wrerchandre ee 50,000 Purcrates OF April ao Pathatel Up hy March a ee 1 D> Totol Puc sey up 1D Apal ap —Pome GEL ©: Ubuon PROBLEM 17 Conkhuabbn 2) F 1,4, co Solution’, Cot cathe (Wwoy--Wy.)=boy, Inventory ~ ( # \to,ev Puna os 3 si ime Purhase Pow aes Goods auailatble por cate orate pee ay oe (2, $20 ovr) nentowy for Apel (ena QO) & F |, 200,000 Solukon', Bevaanet F 1,440,000 Good im banat eed Saal wage Votve oF \nventory a 140,00) F 1,200,002Roxanne Geet ©: Lituaatws Proppem le -itlua Inc - A) # 2,400,000 Sdubon’, Beginning nvertony, aa Paes Puchalo F 050,000 P\, 220,000 Preightin Cee 14,700,c0> Purchase rehuny es i Parckase aliowontes C1st,c05 (90,00) Depattrent tanger in 200, a0 300,000 Mart - wo - 400,700 Mare we Canetiohin : C1000) Goode auailable lonieratve . Nace -ADW 4, be, 200 & |u,c00, 0 Rark-danan Coriptin (200,20) Goeds avarilolcle a worage PEW ees Coles FWD, 00_ ? 15,000 a0 Employee dircounts (Ase) Norma, Sroplipring loss Come) Normal shrinkage ( wna) Euding Inventory at retail _ (logan) | P4 otb ovo tonscouks AH BRO * a \uyo2 9,07 ~ BB Wl Concceuaibve cosy © @ 4yp00,089 x GJ. 7 & 00,001 ezg ee. &) F 270,00 Solum’. , Pweroae 0 (ano pvorage (St | F4,0,000 = _FjWO0,0% ¥* &47- 15,000,080 ve (aids $$