Reference no: EM132711945

Question - On January 1, 2019 Suhendi established a field consulting services company Taxation under the name of the Tax Consultant Office (KKP) Suhendi et al. Transactions that occur during January 2019 at KKP Suhendi et al are:

January 1: Suhendi transfers cash from a personal account to a company account amounting to Rp 80,000,000.

January 3: Purchased a motorbike for company operations for Rp 27,000,000 Suhendi paid IDR 10,000,000 in cash and the balance was paid by issuing notes payable.

January 10 Paid annual property and accident insurance premium of Rp.10,600,000.

January 13: Paid rent for 3 months, amounting to Rp.6,400,000.

January 14: Purchased consumables worth IDR 4,200,000 credit.

January 15: Purchased consumables worth Rp. 9,000,000 to be paid on February 13, 2019.

January 15: Received cash for completed work amounting to Rp.24,200,000.

January 21: Paid debt of Rp. 8,800,000.

January 24: Invoice customer for work completed totaling Rp.34,200,000.

January 26: Received invoice for motorbike repair expenses of IDR 1,750,000 to be paid in February.

January 27: Paid Rp. 2,800,000 in utility expenses.

January 27: Paid other expenses Rp. 1,230,000.

January 29: Received cash on payment of customer receivables amounting to Rp 8,200,000.

January 30: Paid employee salaries of IDR 12,000,000.

January 31: Withdrawing cash for personal needs IDR 10,000,000.

Required -

1. Keep a journal for each transaction in the two column journal with reference to the chart of accounts the following:

11 Cash

12 Accounts Receivable

13 Consumables

14 Prepaid Insurance

16 Office Equipment

18 Vehicles

21 Notes Payable

22 Accounts Payable

31 Capital, Maman Suherman

32 Prive, Maman Suherman

41 Honor Income

51 Salary Expenses

53 Rental Expenses

54 Utilities Expense

55 Vehicle Expenses

59 Other Expenses

2. Posting the journal to the 4 Columns ledger account.

3. Make a Trial Balance January 31, 2019.