Free Printable AKUNTANSI KEUANGAN

1.

Three basic activities in Accounting is…

a)

Identifying, recording and communicating

b)

Identifying, recording and reporting

c)

Identifying, reporting and communicating

d)

Identifying, classificating and communicating

e)

Clasificating, recording and communicating

2.

Accounting records the transactions that can be expressed in monetary terms. This assumption is called…

a)

Economic entity

b)

Going concern

c)

Historical cost

d)

Monetary unit

e)

Periodicity

3.

The implication of the materiality principle is that a company should prepare…

a)

Income statement

b)

Retained earning statement

c)

Statement of financial position

d)

Statement of cash flow

e)

Notes to financial statement

4.

A career in accounting that uses accounting and auditing concepts, and investigative skills into theft and fraud is called…

a)

Public accounting

b)

Government

c)

Private accounting

d)

Auditing

e)

Forensic accounting

5.

IFRS is considered to be more…

a)

Principles-based and less rules-based than GAAP

b)

Rules-based and less principles-based than GAAP

c)

Principles-based and more rules-based than GAAP

d)

Detailed than GAAP

e)

None of the above

6.

On 1 March, PT. Zee bought vehicles cost $1,250 on credit from PT. Zahra. This transaction will be recorded by PT. Zahra as…

a)

Accounts Payable $1,520

Vehicles $1,520

b)

Accounts Receivable $1,250

Vehicles $1,250

c)

Vehicles $1,250

Accounts payable $1,250

d)

Accounts Receivable $1,520

Vehicles $1,520

e)

Vehicles $1,520

Accounts Payable $1,520

7.

On 27 March, Syahila paid the office rent $790 for March. This transaction impacted the accounting equation…

a)

Decrease asset and increase equity

b)

Increase asset and decrease equity

c)

Decrease asset and decrease cash

d)

Decrease asset and decrease equity

e)

Increase expense and decrease cash

8.

Barokah Company is a car showroom company. On 17 February 2016 this company bought 13 cars from Mr. Salman for Rp. 157,000,000 each. Cash payment was made for 11 cars and the remaining was on account. This transaction was recorded as…

a)

Vehicle Rp. 2,041,000,000

Cash Rp. 1,727,000,000

Accounts Payable Rp. 314,000,000

b)

Vehicle Rp. 2,410,000,000

Cash Rp. 2,410,000,000

c)

Merchandise inventory Rp. 2,410,000,000

Cash Rp. 2,410,000,000

d)

Merchandise inventory Rp. 1,727,000,000

Accounts payable Rp. 1,727,000,000

e)

Merchandise inventory Rp. 2,041,000,000

Cash Rp. 1,727,000,000

Accounts payable Rp. 314,000,000

9.

The transactions at PT HimaAksi on November 2015 were as follow:

3 Nov : Bought office supply for Rp. 22,420,000 from Pesda ATK, paid Rp. 2,150,000 and the remaining will be paid later (2/10, n/30).

10 Nov : Paid the amount outstanding of Rp. 9,000,000 to Pesda ATK

15 Nov : The remaining of Pesda ATK’s payable is paid.

Based on the transactions above, the cash balance that must be paid on 10 November is…

a)

Rp. 9,000,000

b)

Rp. 9,180,000

c)

Rp. 8,820,000

d)

Rp. 20,270,000

e)

Rp. 20,900,000

10.

Pada tanggal 13 Maret 2016 PT Feum menerima pesanan seragam sekolah sebanyak 100 buah. Pada tanggal 14 Maret 2016 PT Feum membeli benang sebanyak 15 gulung @ Rp.37.500. Jurnal transaksi pada tanggal 14 Maret 2016 adalah…

a)

Persediaan bahan baku Rp. 562.500

Kas Rp. 562.500

b)

Persediaan bahan penolong Rp. 526.500

Kas Rp. 526.500

c)

Pembelian Rp. 370.500

Kas Rp. 370.500

d)

Persediaan bahan penolong Rp. 562.500

Kas Rp. 562.500

e)

Persediaan barang dagang Rp. 526.500

Kas Rp. 526.500

11.

Data mengenai bahan baku tepung terigu pada PT. Hima Sentosa selama dua minggu pertama Agustus 2016, adalah sebagai berikut :

1 Agustus, persediaan awal 9.560 kg @ Rp. 1.500

7 Agustus, pembelian 8.440 kg @ Rp. 2.100

12 Agustus, masuk proses produksi 12.000 kg

Biaya bahan baku yang harus dicatat apabila menggunakan Average Cost Method adalah…

a)

Rp. 21.735.690

b)

Rp. 20.750.000

c)

Rp. 21.300.900

d)

Rp. 21.375.960

e)

Rp. 20.357.690

12.

Below are the data produced by PT Roftaren on July:

Finished goods Rp. 46,000,000

Raw material Rp. 79,000,000

Direct labour Rp. 38,000,000

Factory Overhead (FOH) rates Rp. 135,000,000

Actual FOH Rp. 129,500,000

Various account in credit Rp. 56,400,000

From the data above, the entry to record the different between FOH rates and Actual FOH is…

a)

Actual FOH Rp. 135,000,000

Factory Overhead (FOH) rates Rp. 129,500,000

Income summary Rp. 5,500,000

b)

Factory Overhead (FOH) rates Rp. 135,000,000

Actual FOH Rp. 192,500,000

Income Summary Rp. 5,500,000

c)

Actual FOH Rp. 192,500,000

Income Summary Rp. 5,500,000

Factory Overhead (FOH) rates Rp. 135,000,000

d)

Actual FOH Rp. 129,500,000

Various account in credit Rp. 56,400,000

Income Summary Rp. 73,100,000

e)

Factory Overhead (FOH) rates Rp. 135,000,000

Actual FOH Rp. 129,500,000

Income summary Rp. 5,500,000

13.

PT. Harfam on 31 December 2016 had a Rp. 72,000,000 mortgage payable. The interest was 15% per annum, paid on every 1/5 and 1/11. The mortgage instalment of Rp. 8,000,000 was paid on every 1/5. The journal entry must be made by PT. Harfam on 1 May 2017 is…

a)

Mortgage payable Rp. 8,000,000

Cash Rp. 8,000,000

b)

Mortgage payable (must be paid) Rp. 8,000,000

Interest expense Rp. 5,400,000

Cash Rp. 13,400,000

c)

Mortgage payable Rp. 13,400,000

Cash Rp. 13,400,000

d)

Mortgage payable Rp. 8,000,000

Interest expense Rp. 5,400,000

Cash Rp. 13,400,000

e)

Mortgage payable Rp. 8,000,000

Interest expense Rp. 3,600,000

Interest payable Rp. 1,800,000

Cash Rp. 9,800,000

14.

Hazzy Industry had a production data on March 2017 as follow:

Unit of production 350.000

Raw material/units Rp. 5,500

Direct labor cost/ units Rp. 4,000

Factory overhead rate Rp. 1,250

Actual factory overhead Rp. 473,500,000

From data above, journal entry to record Overhead Cost is…

a)

Work in Process Rp. 473,500,000

Estimated Factory Overhead Rp. 473,500,000

b)

Work in Process Rp. 473,500,000

Actual factory overhead Rp. 473,500,000

c)

Work in process Rp. 437,500,000

Accounts in credit Rp. 437,500,000

d)

Actual factory overhead Rp. 473,500,000

Accounts in credit Rp. 473,500,000

e)

Work in process Rp. 437,500,000

Estimated factory overhead Rp. 437,500,000

15.

The accounts receivable balance of UD Malia as per 30 November 2008 was Rp. 1,000,000. The journal recapitulation on December 2008 showed that Sales Journal was Rp. 2,500,000; Cash Receipt Journal was Rp. 3,400,000, with the following details:

• Sales discount Rp. 100,000

• Cash sales Rp. 750,000

• Account receivables receipts Rp. 2,750,000

On 31 December 2008 the balance of account receivable subsidiary ledger was Rp. 700,000. The difference between balances on general ledger and subsidiary ledger is…

a)

Overstated Rp. 50,000

b)

Understated Rp. 50,000

c)

Overstated Rp. 100,000

d)

Understated Rp. 100,000

e)

Overstated Rp. 150,000

16.

PT. Zamalya bought an inventory from PT. Harma Rp. 3,910,000, with n/30 FOB Destination Point. The freight cost was Rp. 150,000. Based on the periodic system, the following answers are correct, except…

a)

PT. Harma record on debit, Account Receivable as amount Rp. 3,910,000

b)

UD. Zamalya record on debit, Purchase as amount Rp. 3,910,000

c)

PT. Harma record on credit, Sales as amount Rp. 4,060,000

d)

UD. Zamalya record on credit, Account Payable as amount Rp. 3,910,000

e)

PT. Harma record on debit, Freight cost as amount Rp. 150,000

17.

On 2 May 2016, PD. Izaza sold an inventory to Ibra Store Rp. 7,120,000, with n/30 FOB Destination Point, and the freight cost was Rp. 245,000. The transactions record below is correct, except…

a)

PD. Izaza record accounts receivable Rp. 7,120,000 (Dr)

b)

PD. Izaza record sales Rp. 7,120,000 (Cr)

c)

PD. Izaza record freight cost Rp. 7,120,000 (Dr)

d)

Ibra Store record purchase Rp. 7,120,000 (Dr)

e)

Ibra Store record accounts payable Rp. 7,120,000 (Cr)

18.

PT Elfachru issued an invoice of Rp. 11,000,000 (10% PPN included). This transaction was recorded as…

a)

Accounts receivable (Dr) Rp. 12,000,000, VAT out (Cr) Rp. 1,000,000, sales (Cr) Rp. 11,000,000

b)

Accounts receivable (Dr) Rp. 11,000,000, VAT in (Cr) Rp. 1,000,000, sales (Cr) Rp. 10,000,000

c)

Accounts receivable (Dr) Rp. 11,000,000, VAT out (Cr) Rp.1,000,000, sales (Cr) Rp. 10,000,000

d)

Accounts receivable (Dr) Rp. 11,000,000 and sales (Cr) Rp. 11,000,000

e)

Sales (Dr) Rp. 10,000,000, VAT in (Dr) Rp. 1,000,000, accounts receivable (Cr) Rp. 11,000,000

19.

Tanggal 20 Juni 2016 diterima promes dari debitur senilai Rp. 6.000.000 dengan jangka waktu 90 hari. Promes tersebut didiskontokan ke bank dengan tingkat diskonto 24%. Jika bank menghitung hari diskonto 45 hari, jurnal untuk mencatat pendiskontoan tersebut adalah….

a)

Kas Rp. 5.820.000

Beban bunga Rp. 180.000

Wesel tagih didiskontokan Rp. 6.000.000

b)

Kas Rp. 6.000.000

Piutang Rp. 5.820.000

Pendapatan bunga Rp. 180.000

c)

Kas Rp. 6.000.000

Piutang Rp. 5.820.000

Utang bunga Rp. 180.000

d)

Kas Rp. 5.820.000

Wesel tagih didiskontokan Rp. 5.820.000

e)

Kas Rp. 6.000.000

Wesel tagih didiskontokan Rp. 5.820.000

Pendapatan bunga Rp. 180.000

20.

Electricity expense Rp. 250,000 was paid on 31 December. This transaction must be recorded on the general ledger as follows:

a)

b)

c)

d)

e)

21.

In 31 December 2011 unadjusted trial balance, Goodness Company reported office equipment of $120,000. An adjusting entry was required to adjust $15,000 of depreciation expense for the office equipment. After the adjustment, the following amount should be reported:

a)

A debit of $105,000 for office equipment in the balance column

b)

A credit of $15,000 for Depreciation expense- office equipment in the income statement

c)

A debit of $ 120,000 for office equipment in the balance sheet column

d)

A debit of $15,000 for accumulated depreciation- office equipment in the balance sheet column

e)

A credit of $105,000 for Depreciation expense- office equipment in the income statemen

22.

During December 2011, the amount of VAT out PT. Uem is Rp. 3,000,000 and VAT in PT. Uem is Rp. 2,000,000. Which of the following statement is correct?

a)

PT Uem has VAT Receivable as amount Rp. 1,000,000

b)

PT Uem has VAT Payable as amount Rp. 1,000,000

c)

PT Uem has VAT Receivable as amount Rp. 2,000,000

d)

PT Uem has VAT Payable as amount Rp. 3,000,000

e)

PT Uem has VAT Receivable as amount Rp. 5,000,000

23.

Pada akhir periode sebelum membuat neraca lajur, terlebih dahulu harus disusun jurnal penyesuaian. Hal ini dikarenakan…

a)

Adanya konsep kas basis dalam akuntansi

b)

Adanya konsep bahwa tidak harus ada beban dalam menghasilkan pendapatan

c)

Adanya konsep bahwa pengakuan pendapatan tidak harus pada periode yang berjalan

d)

Adanya konsep akrual basis dan penandingan yang wajar

e)

Adanya konsep bahwa pengakuan beban tidak harus pada periode yang berjalan

24.

On 1 July 2013, PT OneSoul borrowed Rp. 50,000,000 from a bank with a building costed Rp. 90,000,000 as the mortgage. This was a 4-years loan and the installment was made on every 1 July. The 10% interest rate was calculated from remaining balance. The adjusting entry on 31 Dec 2014 is…

a)

Interest expense Rp. 1,875,000

Interest payable Rp. 1,875,000

b)

Interest expense Rp. 2,000,000

Interest payable Rp. 2,000,000

c)

Interest expense Rp. 2,500,000

Interest payable Rp. 2,500,000

d)

Interest expense Rp. 1,875,000

Mortgage payable Rp. 1,875,000

e)

Interest expense Rp. 2,500,000

Mortgage payable Rp. 2,500,000

25.

If the supplies account before the adjustment was Rp. 2,250,000 and the supplies available at that date was Rp. 950,000, the adjusting entry is …

a)

Supplies Rp. 950,000

Supplies expense Rp. 950,000

b)

Supplies Rp. 2,250,000

Supplies expense Rp. 2,250,000

c)

Supplies expense Rp. 1,300,000

Supplies Rp. 1,300,000

d)

Supplies expense Rp. 900,000

Supplies Rp. 900,000

e)

Supplies expense Rp. 2,230,000

Supplies Rp. 2,230,000

26.

Below is the partial trial balance of PT Sadewa on 31 March 2012:

PT SADEWA PARTIAL TRIAL BALANCE

31 March 2012

Account Name Debit Credit

Prepaid Insurance (Dr) Rp. 7,800,000 -

Office Supplies (Dr) Rp. 3,900,000 -

Office Equipment (Dr) Rp.26,000,000

Accum. Dep. Office Equipment (Cr) - Rp. 8,000,000

Unearned Revenue (Cr) - Rp.10,540,000

Half of the Unearned Revenue was generated in March, the adjustment entry is…

a)

Unearned service revenue Rp. 5,720,000

Services revenue Rp. 5,720,000

b)

Cash Rp. 5,270,000

Services revenue Rp. 5,270,000

c)

Services revenue Rp. 5,720,000

Unearned service revenue Rp. 5,720,000

d)

Cash Rp. 5,270,000

Unearned revenue Rp. 5,270,000

e)

Unearned service revenue Rp. 5,270,000

Service revenue Rp. 5,270,000

27.

Below is the partial trial balance of PT Sadewa on 31 March 2012:

PT SADEWA PARTIAL TRIAL BALANCE

31 March 2012

Account Name Debit Credit

Prepaid Insurance (Dr) Rp. 7,800,000 -

Office Supplies (Dr) Rp. 3,900,000 -

Office Equipment (Dr) Rp.26,000,000

Accum. Dep. Office Equipment (Cr) - Rp. 8,000,000

Unearned Revenue (Cr) - Rp.10,540,000

The prepaid insurance was paid for two years, effective as per 1 March 2012. The adjustment entry that should be made by PT SADEWA on 30 March is…

a)

Prepaid Insurance Rp. 3,900,000

Insurance Expense Rp. 3,900,000

b)

Insurance Expense Rp. 3,900,000

Prepaid Insurance Rp. 3,900,000

c)

Insurance Expense Rp. 325,000

Prepaid Insurance Rp. 325,000

d)

Prepaid Insurance Rp. 325,000

Insurance Expense Rp. 325,000

e)

Insurance Expense (Dr) Rp. 352,000

Cash (Cr) Rp. 352,000

28.

Cash was received Rp. 5,125,000 from customer on 10 March 2015. This was recorded as cash (Dr) Rp. 5,125,000 and Service Revenue (Cr) Rp. 5,125,000. This error was realized on the 20 March when the consumer paid the remaining bills. The correction entry is…

a)

Service Revenue (Dr) Rp. 5,215,000

Accounts Receivable (Cr) Rp. 5,215,000

b)

Accounts Receivable (Dr( Rp. 5,215,000

Service Revenue (Cr) Rp. 5,215,000

c)

Cash (Dr) Rp. 5,125,000

Accounts Receivable (Cr) Rp. 5,125,000

d)

Cash (Dr) Rp. 5,125,000

Service Revenue (Cr) Rp. 5,125,000

e)

Service Revenue (Dr) Rp. 5,125,000

Accounts Receivable (Cr) Rp. 5,125,000

29.

Which of the following statement about worksheet is incorrect?

a)

The worksheet is essentially a working tool of the accountant

b)

The worksheet is distributed to management and other interested parties

c)

The worksheet cannot be used as a basis for posting to ledger account

d)

Financial statement can be prepared directly from the worksheet before journalizing and posting adjusting entries

e)

All of the answers are correct

30.

PT. Fortuna has the following data:

Opening balance raw material Rp. 6,500,000

Closing balance raw material Rp. 3,000,000

Purchase Rp. 11,750,000

Purchase Return Rp. 542,000

Freight In Rp. 700,000

The usage of raw material is…

a)

Rp. 11,300,000

b)

Rp. 15,408,000

c)

Rp. 12,700,000

d)

Rp. 18,400,000

e)

Rp. 12,900,000

31.

An adjustment for Unearned Service Revenue …

a)

Reduce liabilities and increase revenues

b)

Reduce Revenue with assets account

c)

Add asset and increase revenue

d)

Reduce income and increase asset

e)

All of answers are false

32.

. A company pays weekly salary $285/person per day on every Friday (1 week = 7 days). The last salaries were paid on 26 December 2009. This company has 10 employees, and they work 5 days a week. The reversing entries on 1 January 2010 is…

a)

Debit Salaries Expense $8.550; credit salaries payable $8.550

b)

Debit Salaries Payable $8.550; credit salaries expense $8.550

c)

Debit Salaries Expense $5.700; credit salaries payable $5.700

d)

Debit Salaries Payable $5.700; credit salaries expense $5.700

e)

None of the answers above is true

33.

The main purpose of a trial balance is…

a)

To determine the cash flow statements

b)

To determine the changes in capital

c)

To inform total debt to the creditor

d)

To prove that the balance of credit and debit are the same

e)

To determine the amount of assets, liabilities and equity

34.

The trial balance of PT Rasis had the following accounts: cash $7,500, revenue $95,000, salaries payable $3,000, salaries expense $18,000, rent expense $12,000, share capital ordinary $35,000, dividends $21,000, and equipment $74,500. In preparing the trial balance, the total in the debit column is...

a)

$67,500

b)

$142,000

c)

$133,000

d)

$154,000

e)

$124,000

35.

The impact of an error whereby a company does not record an adjustment for accrued interest at the end of period is…

a)

Net income is overstated

b)

Liability is understated

c)

Expense is understated

d)

Only a and b are correct

e)

Only a, b and c are correct

36.

Below is the list of accounts of UD.Rizkya:

Cash Rp. 9,950,000

Prepaid rent Rp. 2,000,000

Supplies Rp. 150,000

Machine Rp. 3,500,000

Account payable Rp. 2,150,000

Owner’s capital Rp. 23,560,000

Owner’s drawing Rp. 1,375,000

Sales Rp. 11,375,000

Sales discount Rp. 150,000

Sales return Rp. 200,000

Purchase Rp. 7.300,000

Purchase discount Rp. 250,000

Purchase return Rp. 400,000

Freight in Rp. 300,000

Salaries expense Rp. 150,000

Other expense Rp. 450,000

Beginning inventory Rp. 2,750,000

Ending inventory Rp. 3,750,000

Based on data above, the Cost of Goods Sold is…

a)

Rp. 5,950,000

b)

Rp. 3,750,000

c)

Rp. 4,225,000

d)

Rp. 4,825,000

e)

Rp. 6,200,000

37.

Below is the list of accounts of UD.Rizkya:

Cash Rp. 9,950,000

Prepaid rent Rp. 2,000,000

Supplies Rp. 150,000

Machine Rp. 3,500,000

Account payable Rp. 2,150,000

Owner’s capital Rp. 23,560,000

Owner’s drawing Rp. 1,375,000

Sales Rp. 11,375,000

Sales discount Rp. 150,000

Sales return Rp. 200,000

Purchase Rp. 7.300,000

Purchase discount Rp. 250,000

Purchase return Rp. 400,000

Freight in Rp. 300,000

Salaries expense Rp. 150,000

Other expense Rp. 450,000

Beginning inventory Rp. 2,750,000

Ending inventory Rp. 3,750,000

Based on data above, how much are the addition to the capital balance at the end of the period?

a)

Rp. 2,650,000

b)

Rp. 2,850,000

c)

Rp. 3,100,000

d)

Rp. 4,225,000

e)

Rp. 4,825,000

38.

The following information is from a manufacturing company on January 2015:

• Support material Rp. 12,300,000

• Direct material Rp. 34,120,000

• Foreman’s wages Rp. 4,750,000

• Direct wages Rp. 21,874,000

• Depreciation of machine Rp. 457,100

• Insurance plant Rp. 348,000

• Electricity expense for Plant Rp. 172,000

The indirect production cost is…

a)

Rp. 11,631,000

b)

Rp. 13,277,100

c)

Rp. 52,147,100

d)

Rp. 18,027,100

e)

Rp. 63,103,100

39.

The predetermined overhead rate is 45% from the direct labour cost. During the month, Rp. 3,500,000 factory labour cost are incurred, of which Rp. 2,000,000 is direct labor cost and the remaining is the indirect labor cost. If the actual overhead incurred is Rp. 4,000,000, the amount of factory overhead debited to work in process should be...

a)

Rp. 675,000

b)

Rp. 900,000

c)

Rp. 1,575,000

d)

Rp. 1,800,000

e)

Rp. 1,900,000

40.

Trial balance of UD Fathoni per 31 December 2016:

Owner’s Capital Rp. 20,000,000

Owner’s drawing Rp. 500,000

Sales Rp. 7,000,000

Cost of good sold Rp. 2,500,000

Operating expense Rp. 1,250,000

The ending capital of UD. Fathoni is…

a)

Rp. 22,000,000

b)

Rp. 22,750,000

c)

Rp. 24,000,000

d)

Rp. 24,500,000

e)

Rp. 27,000,000

41.

Jonas Blue, Inc., began the year with $430,000 total assets and $210,000 liabilities. During the year, the revenue earned was $520,000 and while expenses was $230,000. The owner also invested an additional $120,000 in the business and withdrawl $98,700. How much is the firm’s equity at the end of the year?

a)

$430,500

b)

$453,800

c)

$500,100

d)

$531,300

e)

$672,300

42.

The statement of cash flows reports…

a)

Credit purchases during the period

b)

Net Income at the end of the period

c)

Credit sales during the period

d)

All assets on a given date

e)

An effect of a company’s cash from business activity during the period

43.

The following information from PT ROFTARREN:

Beginning raw material Rp. 7,500,000

Beginning work in process Rp. 5,000,000

Beginning finished goods Rp. 12,000,000

Direct labour Rp. 2,000,000

Indirect labour Rp. 1,500,000

Factory overhead Rp. 2,500,000

Purchase raw material Rp. 6,500,000

Freigh-in Rp. 700,000

Sales Rp. 20,000,000

Freight-out Rp. 1,000,000

Ending raw material Rp. 4,500,000

Ending work in process Rp. 3,500,000

Ending finished goods Rp. 13,000,000

The production cost is…

a)

Rp. 19,700,000

b)

Rp. 16,200,000

c)

Rp. 14,700,000

d)

Rp. 10,200,000

e)

Rp. 7,200,000

44.

The following information from PT ROFTARREN:

Beginning raw material Rp. 7,500,000

Beginning work in process Rp. 5,000,000

Beginning finished goods Rp. 12,000,000

Direct labour Rp. 2,000,000

Indirect labour Rp. 1,500,000

Factory overhead Rp. 2,500,000

Purchase raw material Rp. 6,500,000

Freigh-in Rp. 700,000

Sales Rp. 20,000,000

Freight-out Rp. 1,000,000

Ending raw material Rp. 4,500,000

Ending work in process Rp. 3,500,000

Ending finished goods Rp. 13,000,000

The cost of good sold and gross profit are…

a)

Rp. 19,700,000 and Rp. 5,300,000

b)

Rp. 17,900,000 and Rp. 4,300,000

c)

Rp. 17,700,000 and Rp. 5,800,000

d)

Rp. 15,200,000 and Rp. 4,800,000

e)

Rp. 15,200,000 and Rp. 5,800,000

45.

Below is the list of accounts of CV. Bintang Perkasa:

Electricity expense Rp. 4,000,000

Salaries expense Rp. 3,600,000

Advertising expense Rp. 2,500,000

Insurance expense Rp. 6,420,000

Service revenue Rp. 25,900,000

Owner’s capital Rp. 5,000,000

Owner’s drawing Rp. 3,000,000

Based on the data above, the correct closing journal for profit/loss is…

a)

Income summary Rp. 16 ,520,000 (Dr)

Electricity expense Rp. 4,000,000 (Cr)

Salaries expense Rp. 3,600,000 (Cr)

Advertising expense Rp. 2,500,000 (Cr)

Insurance expense Rp. 6,420,000 (Cr)

b)

Owner’s capital Rp. 3,000,000 (Dr)

Drawings Rp. 3,000,000 (Cr)

c)

Income summary Rp. 6,380,000 (Dr)

Owner’s capital Rp. 6,380,000 (Cr)

d)

Service Revenue Rp. 25 ,900,000 (Dr)

Income summary Rp. 25,900,000 (Cr)

e)

Income summary Rp. 9,380,000 (Dr)

Owner’s capital Rp. 9,380,000 (Cr)

46.

If the ending inventory is understated, the gross profit and cost of good sold are…

a)

Overstated, overstated

b)

Overstated, understated

c)

Understated, understated

d)

Understated, overstated

e)

All of the answers are false

47.

If the ending inventory and gross profit are overstated by Rp. 2,135,000 and Rp. 25,145,000 respectively, the correct addition/reduction to gross profit is…

a)

Rp. 23,100,000

b)

Rp. 27,280,000

c)

Rp. 23,010,000

d)

Rp. 25,145,000

e)

Rp. 27,820,000

48.

On 31 December 2011, the capital and drawings accounts were Rp. 54,250,000 and Rp. 1,500,000 respectively. The amount of capital after the closing journal is…

a)

Rp. 54,250,000

b)

Rp. 55,750,000

c)

Rp. 1,500,000

d)

Rp. 52,750,000

e)

Rp. 50,000,000

49.

On 31 August 2016, a $15,000 notes receivable was received from a customer. The interest was 6% and accrued for 6 months. The financial statement should report…

a)

Nothing, because the cash have not received yet

b)

Balance sheet will report the note receivable of $15,000 and interest receivable of $900

c)

Balance sheet will report the note receivable of $15,000 and interest receivable of $450

d)

Income statement will report a note receivable of $15,000

e)

Balance sheet will report the note receivable of $15,000 and interest payable of $900

50.

PT. Antariksa bought 10.000 shares from PT. Galaksi for Rp. 10,000 each. At 108% of face value, provision and other as amount Rp. 1,250,000. The acquisition cost for the share is…

a)

Rp. 10,000

b)

Rp. 12,500

c)

Rp. 10,800

d)

Rp. 10,925

e)

Rp. 12,800

AKUNTANSI KEUANGAN

Total questions: 50

Worksheet time: 50mins

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