Olimpiade Akuntansi Nasional 2018

Three basic activities in accounting are...

• identifies, records, communicates

• identifies, records, reads

• identifies, records, summarizes

• records, classifies, analyzes

• writes, records, communicates

Individuals or organizations outside a company who need financial information are called ...

• marketing managers

• finance directors

• production supervisors

• stakeholders

• company officers

The accounting principle which dictates company to record assets at their cost, not only at the time of the asset is purchased, but also over the age of the asset is...

• monetary unit

• fair value

• historical cost

• economic entity

• cost analyzes

The company on 31 December 2017 had current assets Rp10.468.540, building Rp5.476.250 and accumulated depreciation of building Rp2.554.500, total current liabilities Rp3.786.000, total noncurrent liabilities Rp2.565.600, share capital Rp2.000.000, net income on 31 Dec 2017 was Rp1.670.800, dividend Rp845.000. The retained earnings on 1 December 2017 was...

• Rp4.201.980

• Rp4.212.890

• Rp5.038.690

• Rp5.083.900

• Rp6.083.900

A business owned by one person and the owner receives any profits, suffers any losses, and is personally liable for all debts of the business are the characteristics of...

• entrepreneur

• single store

• partnership

• proprietorship

• corporation

Berikut adalah data pembukuan suatu perusahaan :

Saldo Kas Rp5.000.000

Jurnal Penjualan Rp15.000.000

Jurnal penerimaan kas Rp20.000.000

Jurna Pembelian Rp8.000.000

Jurnal pengeluaran kas Rp17.500.000

Dari data di atas, setelah dilakukan posting saldo Kas ke dalam buku besar, berapakah saldo kas pada akhir periode?

• Rp7.500.000

• Rp17.500.000

• Rp12.500.000

• Rp22.500.000

• Rp14.500.000

Which of the following comprises petty cash transaction?

• payments to service providers

• purchases of inventory

• purchase of postage

• receipts from sales

• payments to vendors

Anindito started a business by paying $10,000 into a business bank account. The entry to record this transaction was...

• (Dr) capital- Anindito $10,000

  (Cr) cash in bank $10,000

• (Dr) cash in bank $10,000

  (Cr) capital- Anindito $10,000

• (Dr) cash in bank $10,000

  (Cr) drawings- Anindito $10,000

• (Dr) drawings- Anindito $10,000

  (Cr) cash in bank $10,000

• (Dr) drawings- Anindito $10,000

  (Cr) capital- Anindito $10,000

The purpose of petty cash is...

• to control cash disbursements

• to reduce the check using

• to pay small and/or immaterial amounts

• to avoid writing numerous checks

• to finance the office parties

On 7 July 2018, PT. Lightening sold 8 boxes of fragrance shampoo to PT. Elegant, Rp7.500.000 each, exclude VAT IN 10% and credit term 4/10, n/30. This transaction must be recorded on 7 July 2018 by PT. Elegant (periodic system):

• (Dr) accounts receivable Rp8.250.000;

  (Cr) vat out Rp750.000

  (Cr) sales Rp7.500.000

• (Dr) cash Rp7.500.000;

  (Cr) sales Rp7.500.000

• (Dr) purchase Rp60.000.000

  (Dr) vat in Rp6.000.000;

  (Cr) accounts payable Rp66.000.000

• (Dr) purchase Rp7.500.000

  (Dr) vat in Rp750.000;

  (Cr) cash Rp8.250.000

• (Dr) accounts receivable Rp66.000.000;

  (Cr) vat out Rp6.000.000

  (Cr) sales Rp60.000.000