The document provides financial information for AAA Company and BBB Inc. including comparative balance sheets, income statements, and notes. It asks to prepare statements of cash flows for both companies using direct and indirect methods. For AAA Company, additional information includes bond premium amortization. For BBB Inc., additional information provides details on various cash flow transactions for the year.

1. SOAL ASISTENSI AKUNTANSI KEUANGAN 2
STATEMENT OF CASH FLOW
Dosen: Ibu Dini Marina | Asdos: Fabiola Kristi | Pertemuan 6 | Page 1
UNIVERSITAS INDONESIA
FAKULTAS EKONOMI
DEPARTEMEN AKUNTANSI
PROBLEM 1
AAA Company had available at the end of 2013 the information below:
AAA COMPANY
Comparative Statements of Financial Positions
As of December 31, 2013 and 2012
2013 2012
Cash 10,000 4,000
Accounts Receivable 20,500 12,950
Short-term Equity Investments 22,000 30,000
Office Supplies 1,000 750
Prepaid Insurance 2,100 900
Prepaid Rent 3,000 12,000
Inventory 42,000 35,000
Patent 45,000 50,000
Equipment 525,000 400,000
Accumulated Depreciation-Equipment (130,000) (112,000)
Building 350,000 350,000
Accumulated Depreciation-Building (105,000) (87,500)
Land 125,000 175,000
910,600 871,100
Short-term Notes Payable 10,000 10,000
Wages Payable 5,000 3,000
Income Taxes Payable 5,000 4,000
Accounts Payable 22,000 32,000
Bonds Payable 420,303 425,853
Long-term Notes Payable 60,000 70,000
Share Capital-Ordinary 240,000 220,000
Share Premium-Ordinary 25,000 17,500
Retained Earnings 123,297 88,747
910,600 871,100
AAA COMPANY
Income Statement
For the Year Ended December 31, 2013
Sales Revenue 1,160,000
Cost of Goods Sold (748,000)
Gross Margin 412,000
Operating Expenses:
Selling Expense 79,200
Administrative Expenses 156,700
Depreciation/Amortization Expenses 40,500 (276,400)
Income from Operations 135,600
Other Income and Expenses:
Gain on Sale of Land 8,000
Gain on Sale of Short-term Investment 4,000
Dividend Revenue 2,400
Interest Expenses (51,750) (37,350)
Income Before Taxes 98,250

2. SOAL ASISTENSI AKUNTANSI KEUANGAN 2
STATEMENT OF CASH FLOW
Dosen: Ibu Dini Marina | Asdos: Fabiola Kristi | Pertemuan 6 | Page 2
UNIVERSITAS INDONESIA
FAKULTAS EKONOMI
DEPARTEMEN AKUNTANSI
Income Tax Expenses (39,400)
Net Income 58,850
Dividend to Ordinary Shareholders (24,300)
To Retained Earnings 34,550
Required:
Prepare a Statement of Cash Flow from AAA Co. using the direct method and indirect method.
Assume the short-term investments are not trading. Bond premium amortized was $5,550.
PROBLEM 2
The net changes in the balance sheet accounts of BBB Inc. For the year 2013 are shown below:
Account Debit Credit
Cash 125,600
Accounts Receivable 64,000
Allowance for Doubtful Account 14,000
Inventory 217,200
Prepaid Expenses 20,000
Long-term Investments 144,000
Land 300,000
Buildings 600,000
Machinery 100,000
Office Equipment 28,000
Accumulated Depreciation-Building 24,000
Accumulated Depreciation-Machinery 20,000
Accumulated Depreciation-Office Equipment 12,000
Account Payable 183,200
Accrued Expenses 72,000
Dividends Payable 128,000
Premium on Bonds 32,000
Bonds Payable 800,000
Share Capital-Preference 60,000
Share Capital-Ordinary 156,000
Share Premium-Ordinary 223,200
Retained Earnings 87,200
1,705,200 1,705,200
A condensed Income Statement for the year ended December 31, 2013:
Net Sales 1,400,000
Cost of Goods Sold (560,000)
Gross Profit 840,000
Operating Expenses:
Operating Expenses (including Depreciation Expenses) (614,000)
Bad Debt Expense (15,000) (629,000)
Other Gain or Losses:
On Sale of Fixed Assets (32,000)
On Sale of Long-term Investment (4,000) (36,000)
Income Before Income Taxes 175,000

3. SOAL ASISTENSI AKUNTANSI KEUANGAN 2
STATEMENT OF CASH FLOW
Dosen: Ibu Dini Marina | Asdos: Fabiola Kristi | Pertemuan 6 | Page 3
UNIVERSITAS INDONESIA
FAKULTAS EKONOMI
DEPARTEMEN AKUNTANSI
Income Tax Expense (20%) (35,000)
Net Income 140,000
Additional information:
1. Cash dividends of $128,000 were declared on December 15, 2013; payable January 15 2014.
A 5% stock dividend was issued on March 31, 2013, when the market value was $22.00 per
share.
2. The long term investments were sold for $140,000.
3. A building and land which total cost $480,000 and had a book value of $300,000 were sold
$400,000. The cost of land, included in the cost and book v alue above was $20,000.
4. Loss on sale of land was $132,000. The book value of land sold was $240,000.
5. The following entry was made to record an exchange of an old machine for a new one.
Machinery $160,000
Accumulated Depreciation – machinery $40,000
Machinery $60,000
Cash $140,000
6. A fully depreciated copier machine which cost $28,000 was written off.
7. Share capital preference of $60,000 par values was redeemed for $80,000.
8. The company sold 12,000 shares of its common stock ($10 par) on June 15, 2013 for a $25 a
share. There were 87,600 shares outstanding on December 31, 2013.
9. Bonds were sold at 104 on December 31, 2013.
Required:
Prepare a Statement of Cash Flow using direct and indirect method.
Hint: Calculate the depreciation expenses first and deduct them from operating expenses!