Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - The entity sells 5 units of products in the form of air purifiers to customers in the amount of Rp 242 million which is payable 24 months after delivery. The contract allows the customer to return the product within 90 days. Since this product is a new product launched in 2021, the entity has no basis for estimating the product. If the customer pays immediately when the product is delivered then the price is IDR 200 million, which is the amount the customer will pay at the time of delivery for the same product sold under the same terms and conditions as in the contract with the 24-month payment scheme. The cost of the product is Rp. 80. (implicit interest rate 10%).
Required -
A. Make an analysis of PT ABC's sales contract in 2021 for each of the 5 steps according to PSAK 72.
b. Prepare journal entries when:
(i) the entity delivers the product to the customer,
(ii) on the 30th day and 60th day after the product is made,
(iii) after 90 days have passed.
On January 1, 2010, Glenville Co. acquired an 80% interest in Acron Corp. for $500,000. Determine the amount of goodwill to be recognized in this acquisition.
Calculate the total costs if Video Productions produces 18,000 DVDs? Calculate the total profit earned by Video Productions if they produce
compare teh payment of cash divididends stock dividends and purchase of treasury stock from existing shareholders. what
how successful a company is at exploiting emerging opportunities and dealing with associated threats depends on
1 a company issued 5-year 6.5 bonds with a par value of 100000. the market rate when the bonds were issued was 7.0. the
Fox Co. signed a? 7-year lease at the beginning of 2020, The present value of Fox's lease payments is $310,000. What is the proper classification of Owl's lease
Assume that the error in Exercise 3-15 was not corrected and that the $4,950 of accrued salaries was included in the first salary payment in January.
PICA Company is engaged in small export business. The company maintains limited records. Most of the company's transactions are summarized in a cash journal.
Prepare Pearl's journal entries for (a) the purchase of the investment, and (b) the receipt of annual interest and discount amortization.
What similarities do you see in these cases regarding ethics violations (could they have been avoided, how, etc)? Identify, in detail, what specific ethics.
Make a general journal for fiscal year 2020 for the General Fund and for the governmental activities. (If no entry is required for a transaction/event
question 8 figure 3-2. lassiter toys inc. cost of materials no. of toys total cost produced of materials 100000 20000
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd