Akuntansi Keuangan Menengah Kieso

Chapter 3

The Accounting Information Systems

Brief Exercise

BE3-1 Transactions for Mehta Company for the month of May are presented below. Prepare journal entries for each of these transactions. (You may omit explanations.)

May 1 B.D. Mehta invests $4,000 cash in exchange for common stock in a small welding corporation. (Mehta menginvestasikan uang kas $4000 kepada saham biasa di welding corporation)

DATE		DESCRIPTION	R	Debit	Credit
2020	1	Cash		4.000
May		Share Capital			4.000

May 3 Buys equipment on account for $1,100. (membeli peralatan secara kredit sebesar $1.100)

DATE		DESCRIPTION	R	Debit	Credit
	3	Equipment		1.100
		Accounts Payable			1.100

May 13 Pays $400 to landlord for May rent. (membayar sewa bulan mei sebesar $400)

DATE		DESCRIPTION	R	Debit	Credit
	13	Rent Expense		400
		Cash			400

May 21 Bills Noble Corp. $500 for welding work done. (Tagihan atas pekerjaan yang telah diselesaikan sebesar $500)

DATE		DESCRIPTION	R	Debit	Credit
	21	Accounts Receivable		500
		Service Revenue			500

  

Answer

Brief Exercise 3-1

DATE		DESCRIPTION	R	Debit	Credit
2020	1	Cash		4.000
May		Share Capital			4.000
	3	Equipment		1.100
		Accounts Payable			1.100
	13	Rent Expense		400
		Cash			400
	21	Accounts Receivable		500
		Service Revenue			500

BE3-2 Agazzi Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the transactions. (Omit explanations.)

Aug. 2 Invested $12,000 cash and $2,500 of equipment in the business. (menginvestasikan $12,000 kas dan $2.500 peralatan pada bisnisnya)

DATE		DESCRIPTION	R	Debit	Credit
2020	2	Cash		12.000
Aug		Equipment		2.500
		Agazzi, Capital			14.500

Aug 7 Purchased supplies on account for $500. (Membeli perlengkapan secara kredit sebesar %500)

DATE		DESCRIPTION	R	Debit	Credit
2020	7	Supplies		500
Aug		Accounts Payable			500

Aug 12 Performed services for clients, for which $1,300 was collected in cash and $670 was billed to the clients. (menyediakan jasa untuk klien, $1300 telah diterima sisanya dibayar kemudian oleh klien)

DATE		DESCRIPTION	R	Debit	Credit
2020	12	Cash		1.300
Aug		Accounts Receivable		670
		Service Revenue			1.970

Aug 15 Paid August rent $600. (membayar sewa bulan agustus $600)

DATE		DESCRIPTION	R	Debit	Credit
	15	Rent Expense		600
		Cash			600

Aug 19 Counted supplies and determined that only $270 of the supplies purchased on August 7 are still on hand. (perlengkapan yang tersisa sebesar $270)

DATE		DESCRIPTION	R	Debit	Credit
2020	19	Supplies Expense		230
Aug		Supplies ($500-$270)			230

Answer

Brief Exercise 3-2

DATE		DESCRIPTION	R	Debit	Credit
2020	2	Cash		12.000
Aug		Equipment		2.500
		Agazzi, Capital			14.500
	7	Supplies		500
		Accounts Payable			500
	12	Cash		1.300
		Accounts Receivable		670
		Service Revenue			1.970
	15	Rent Expense		600
		Cash			600
	19	Supplies Expense		230
		Supplies ($500-$270)			230