This document lists accounting entries for various expenses and transactions including: 1) Compensation expense, stock options, patent amortization, depreciation of trucks and equipment, maintenance expense, building costs, extraordinary loss, changes in depreciation methods, advertising expense, warranty expense, loss on a contract, loss on exchange of equipment, uncollectible debt expense, donations of cash, land, and equipment. 2) No entry is provided for one transaction. 3) The final entry recognizes a gain on the sale of land, with cash received exceeding the original land value.

1. Understanding
Expenses
Team Deady, Fauziah, Pendik,Yayan

2. Problem 10.1

3. Compensation Expense $750.000
Additional PIC – Stock Option $750.000
[($250-175x10.000 shares): 3
year]

4. Patent $64.000
Cash $64.000
Amortisation Expense $4.000
Patent $4.000

5. Patent $13.600
Cash $13.600
Amortisation Expense (3/12 × [$13.600/20]) $170
Patent $170

6. Amortisation Expense $333
AccumulatedAmortisation — Goodwill $333
[$80.000/20 × 1/12]

7. Depreciation Expense ofTrucks $18.000
Accumulated Depreciati $18.000
$35 000 × 5 trucks = $175 000, $175 000 less $25 000 salvage
value = $150.000, $150 000/1.000.000 miles = $0.15 a mile,
$0.15 × 120 000 actual miles = $18.000

8. Depreciation Expense — Equipment $500 000
Accumulated Depreciation $500 000

9. Maintenance Expense $20.000
Cash orAccounts Payable $20.000

10. Building $20.000
Cash $20.000

11. Extraordinary Loss $50 000
Building $50 000

12. Tahun 2009 2008 2007
Depreciation — new
method
19 200 24 000 30 000
Depreciation — old
method
15 000 15 000 15 000
Decrease in Income 4 200 9 000 15 000

13. Depreciation Expense $4 200
Cumulative Effect Due to
Change
$24 000
Accumulated Depreciation $28 200

14. Retained Earnings $125 000
Cash $125 000

15. Depreciation Expense $7 500
Accumulated depreciation $7 500

16. Advertising Expense $200 000
Cash orAccount Payable $200 000

17. Warranty Expense $68 000
Estimated Liability on
ProductWarranty
$68 000

18. Loss of Contract ($12 x 7.500) $90.000
Contract $90.000

19. Kontruksi Dalam Proses $424.000
Kas, Material $424.000
Account Receivable $350.000
Progress Billing $350.000
Loss on Contract $10.000
Konstruksi Dalam Proses $10.000
($424.000+$106.000-$520.000)

20. Mesin (baru) $50.000
Akumulasi Depresiasi $20.000
Kas $5.000
Loss on Exchange $15.000
Mesin (lama) $90.000

21. Biaya UtangTakTertagih $60.000
Piutang $60.000

22. Tanah $300.000
Bangunan $100.000
Donated Capital $400.000

23. Problem 10.2

24. Cash $ 10 000
Donated Capital $10 000

25. Donated Capital $10 000
Cash $10 000

26. Equipments $20 000
Other Income $20 000

27. No entry…

28. Land $50 000
Donated Capital/ General
Reserve
$50 000

29. Diakui gain atas penjualan tanah.
Cash $55 000
Land $50 000
Gain on sale land $5 000