Kelompok 2 :

Anggota 1. Elsa Listiana 6.

2. Fadhila Alya Darindrani 7.
3. Intan Fitriani 8.
4. Iraul Aini 9.
5. Irfa' Muhammad Akrom

Schedule Investasi

Investasi di Merry SA 90% $ 3,600,000

Devidend $ 90,000
Investasi di Merry SA $ 3,690,000

Investasi di Merry SA 100% $ 4,100,000

Command Stock $ (2,000,000)
Retained Earning $ (2,085,000)
Goodwill $ 15,000

Net Income :
Sales $ 3,700,000
Gain on Sales of land $ 200,000
Cost of sales $ (2,400,000)
Other Expense $ (700,000)
$ 800,000
ok 2 :
Laila Nabilla
Lya Widiyaningrum
Merlina Eka Anjelina
Nailul Musta'ani

Schedule Investasi

Income from Merry SA

Net Income $ 800,000
Unrealized gain on land $ (200,000)
Merry's adjusted and Realized Income $ 600,000

CI Share NCI Share

$ 540,000 $ 60,000
Unrealized Profit from ending inventory $ (100,000)
Unrealized gain on equipment $ (100,000)
Constructive gain on retirement bond $ 60,000
( 1000/2)-440
peacemeal gain on retirement bond (60/3) $ (20,000)
$ 380,000
 Thanos SA Corporation and Subsidiary
Adjusment Journal
December 31, 2014
(In Thousand)
Date
2017
Dec 31

31

31

31

31

31

31

31
31

31
 Thanos SA Corporation and Subsidiary
Adjusment Journal
December 31, 2014
(In Thousand)
Account/Describe Debit

Sales $ 800
Cost of Sales
( To eliminate intercompany Sales and related cost of good sold amount)

Cost of Sales $ 100

Inventory
(To eliminate unrealized profit in the ending inventory to increase cost of Sales
consolidated entity)

Gain on Land $ 200

Land
( To Eliminate gain of land to the consolidated entity)

Gain on equipment $ 100

Equipment
( To eliminate gain of equipment to the consolidated entity)

10%Bond Payable $ 500

Gain on retirement of bonds
invesment in Thanos SA bonds
(To eliminate bonds payable and investment in bonds and enter gain)

Interest Income $ 70
Interest Expense
Gain on Retirement of bonds
(To eliminate interest income, interest expense and peacemeal on bonds)

Interest Payable $ 25
Interest Receivable
(to eliminate intercompany Interest receivable and Interest payable )

Income From Merry SA $ 380

Devidend
Invesment in Merry SA
(To eliminate income and devidend from Merry SA)

NCI Share $ 60
Devident
NCI
(To enter NCI Share of subsidiary income and devidends)

Retained earnings $ 2,085

Common Stock $ 2,000
Goodwill $ 15
Invesment in Merry SA
Notcontrolling Interest
(To eliminate reciprocal investment and equity balance)

Amount $ 6,335
 Credit

$ 800

$ 100

$ 200

$ 100

$ 40
$ 460

$ 50
$ 20

$ 25

$ 90
$ 290
$ 10
$ 50

$ 3,690
$ 410

$ 6,335
 Thanos SA Corporation and Subsidiary
Consolidation Workpapers
for the year ended December 31, 2014
(in thousands)
Adjustments and
Thanos SA 90% Merry SA Eliminations
Income Statement
Sales $ 4,800 $ 3,700 $ 800
Income from Merry SA $ 380 $ 380
Gain on Sales of land $ - $ 200 $ 200
Gain on Sales of equipment $ 100 $ - $ 100
$ 20
Gain on Retirement of bonds
$ 40
Interest Income $ 70 $ - $ 70
Cost of Sales $ (2,800) $ (2,400) 100 $ 800
Interest Expense $ (100) $ - $ 50
Other Expense $ (1,100) $ (700)
NCI Share $ 60
CI Share of net income $ 1,350 $ 800
Retained Earnings - Thanos SA $ 3,380
Retained Earnings - Merry SA $ 2,085 $ 2,085
CI Share of net income $ 1,350 $ 800
$ 90
Dividend $ (300) $ (100)
$ 10
Retained Earning - December 31 $ 4,430 $ 2,785

Balance Sheet
Cash $ 700 $ 600
Account Receivable $ 1,000 $ 400
Interest Receivable $ - $ 25 $ 25
Inventory $ 1,100 $ 700 $ 100
Land $ 1,900 $ 800 $ 200
Equpment-net $ 1,100 $ 1,400 $ 100
Building - net $ 2,000 $ 1,400
Invesment in Thanos SA bonds $ - $ 460 $ 460
$ 290
Investment in Merry SA $ 3,980 $ -
$ 3,690
Goodwill $ 15
Total $ 11,780 $ 5,785
Credits
Account Payable $ 1,300 $ 1,000
Interest Payable $ 50 $ - $ 25
10% Bond Payable $ 1,000 $ - $ 500
Common Stock $ 5,000 $ 2,000 $ 2,000
Retained earnings $ 4,430 $ 2,785
Total $ 11,780 $ 5,785
Noncontrolling interest January 1 $ 410
Noncontrolling interest December 31 $ 50
$ 6,335 $ 6,335
 Consolidated
Statements

$ 7,700
$ -
$ -
$ -

$ 60

$ -
$ (4,500)
$ (50)
$ (1,800)
$ (60)
$ 1,350
$ 3,380
$ -
$ 1,350

$ (300)

$ 4,430

$ 1,300
$ 1,400
$ -
$ 1,700
$ 2,500
$ 2,400
$ 3,400
$ -

$ -

$ 15
$ 12,715

$ 2,300
$ 25
$ 500
$ 5,000
$ 4,430

$ 460
$ 12,715