Modul 7 PPE

How To Create Journal for Purchase of Vehicle (Fixed Assets)?

• Vehicle (FA) D
  VAT-IN D
  Account Payable K

• 
  Account Payable D

  Vehicle (PPE) K
  VAT-IN K

• Account Payable D

  Vehicle (PPE) K
  VAT-IN D

• Vehicle (PPE) D
  VAT-IN K
  Account Payable K

Below the method for calculation of depreciation of Fixed Assets, except?

• Straight Line

• Double Declining

• Straight Declining

• Productive Ouput

What's useful life for Land?

• 20 years

• 16 Years

• 30 Years

• 0 Years

What's useful life for Non Permanent Building for fiscal purposes?

• 20 Years

• 10 Years

• 5 Years

• 15 Years

The Fixed Assets Exists and the company rights, What assertions management?

• Existence and Accuracy

• Existence and Ownership

• Completeness and Accuracy

• Completness and Ownership

In Sugus Case, The depreciation for machine and equipment in profit or loss will stated in?

• Revenue

• Overhead (COGS)

• Operating Expense

• Other Income (Expense)

You have CIP for building, after the percentage of completion already 100%, whats you will do?

• Will expenses to PL

• Will reclass to Account Payable

• Will reclass to building in Fixed Assets

• Will transfer other company

Whats amount will stated in lease payable?

• Principal only

• Interest Only

• Principal and Interest

• Down Payment

Whats a Lease Payable - Short Time/Current state?

• Due Over 1 Year

• Due in 1 Year

• Due Over 6 Months

• Due in 6 Months

PT XYZ purchase 5 unit Computer from China, with acquisition cost IDR 10.000.000, freight cost IDR 2.000.000, import duty Rp 600.000. How much Prepaid Tax Art 22 will recorded? (Prepid tax art 22 = 2,5%)

• Rp 320.000

• Rp 315.000

• Rp 310.000

• Rp 305.000