Reference no: EM132903251

TOKO DITRA ELECTRIC carries out a consignment sale of televisions from a factory in Jakarta. In the consignment agreement, TOKO DITRA ELECTRIC acts as consignee and transactions that occur during one year are as follows:

• In early January, received a shipment of 100 televisions with a selling price of @Rp 900,000 and a base price of Rp.600,000
• Delivery fee of Rp. 350,000 has been paid by the consignor
• Promotional costs, sales costs and storage costs that have been incurred by TOKO DITRA ELECTRIC related to the consignment goods are IDR 450,000
• Sales commission is determined at 16% and in the agreement it is agreed that all costs associated with consigned goods will be reimbursed by the consignor
• At the end of the year, TOKO DITRA ELECTRIC reports that all televisions have been sold out and at the same time also deposited the proceeds from the consignment sale of IDR 55,000,000

Based on this information:

Problem a. Journalize by TOKO DITRA ELETRIC using the separate profit method

Problem b. Make a ledger account "Consignment Entry" in the book STORE DITRA ELECTRIC