PT NUSA JAYA is considering setting up several branches to help sell its productline. As an experiment the company set up a branch in Bandung on year 2017 andhas been operating for 3 years. During 2020 PT Semerbak sends inventory at Rp600,000,000 and charge branches at Rp 900.000.000. On December 31 2020, the branchstill has RP 180.000,000 supplies purchased by the head office for Rp 120.000.000.The following balances are reported in the trial balance for the head office and branchesas of December 31, 2020 (in IDR 000)accountKasAccounts ReceivablePreparationLandBuilding & EquipmentInvestment in Cab BandungDividends announcedCost Of Goods SoldDepreciation ExpenseOther expensesAccumulated DepreciationEquity DebtDebt BondsCommon StockHead OfficeRetained EarningsUnrealized Intra-Company ProfitSalesBandung Branch ProfitIntra-Company Profit RealizedtotalHead OfficeDebit600.000700.0001.100.000800.0007.000.0004.300.000200.0002.400.000300.000200.000Credits3.500.000900.0003.000.0002.000.0004.600.00060.0003.000.000300.000240.00017.600.000 17.600.000Bandung BranchDebit550.000400.000800.000400.0004.000.0001.200.000150.000350.0007.850.000Creditsrequested:a. Make and complete the working paper as of December 31, 2020 to make areport Joint Finance PT NUSA JAYA and branch1.650.000200.0004.000.0002.000.0007.850.000Page 1 of 3

To prepare a consolidated financial statement for PT NUSA JAYA and its Bandung branch as of December…

PT NUSA JAYA is considering setting up several branches to help sell its product line. As an experiment the company set up a branch in Bandung on year 2017 and has been operating for 3 years. During 2020 PT Semerbak sends inventory at Rp 500,000,000 and charge branches at Rp 900. 000.000. On December 31 2020, the branch still has RP 180. 000,000 supplies purchased by the head office for Rp 120.000.000. The following balances are reported in the trial balance for the head office and branches as of December 31, 2020 (in IDR 000)

PT NUSA JAYA is considering setting up several branches to help sell its product line. As an experiment the company set up a branch in Bandung on year 2017 and has been operating for 3 years. During 2020 PT Semerbak sends inventory at Rp 500,000,000 and charge branches at Rp 900. 000.000. On December 31 2020, the branch still has RP 180. 000,000 supplies purchased by the head office for Rp 120.000.000. The following balances are reported in the trial balance for the head office and branches as of December 31, 2020 (in IDR 000)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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