Depedency Ratio (DR) and the Sustainability of Welfare Programs

University:
University of Cambridge
Course:
0455 IGCSE | Economics
Academic year:

2023
Views:

350

Pages:

2
Author:

Jalan T

Depedency Ratio (DR) and the Sustainability of Welfare Programs No. 101 102 103 104 121 122 201 301 302 401 501 502 503 509 Account Name Cash Accounts receivable Equipment Prepaid rent Vehicle Accumulated depreciation Vehicles Trade payables Capital H. Ahmad Prive H. Ahmad Transportation revenue Salary expense Interest expense Insurance expense Other expenses Debit Rp. 1 ,800,000.00 Rp. 1 ,500,000.00 Rp. 500.000,00 Rp. 2 ,000,000.00 Rp. 100,000,000.00 Rp. 600.000,00 Rp. 16,000,000.00 Rp. 700.000,00 Rp. 1 ,800,000.00 Rp. 100.000,00 Rp. 125,000,000.00 Smooth Transport Company continues Balance Sheet As of December 31, 1990 Adjustment Data: a. Supplies inventory on December 31 was Rp. 200,000.00. b. Rent was paid on April 1, 1990 for one year. c. Vehicles are depreciated by 20% a year. d. e. f. g. Accrued transportation revenue of Rp. 1,500,000.00. Employee salaries that still have to be paid Rp. 300,000.00. Accrued interest is IDR 50,000. Insurance paid on September 1, 1990 for 1 year. Requested: a. Make an adjustment journal! b. Make a 10-column spreadsheet! ANSWER: 1. Equipment used: Rp. 500,000.00 - Rp. 200,000.00 = Rp. 300,000.00 Adjustment Journal: Supplies expense Rp . 300,000.00 EquipmentRp . 300,000.00 2. What has been used = April 1, 1990 - December 31, 1990 = 9 months 9 / 12 x Rp. 2,000,000.00 = Rp. 1,500,000.00 Adjustment journal: Rent expense Rp . 1,500,000.00 Prepaid rent Rp. 1,500,000.00 3. Depreciation: 20% x Rp. 100,000,000.00 = Rp. 20,000,000.00 Adjustment journal: Vehicle depreciation expense Rp . 160,000.00 Accumulated vehicle depreciation Rp. 160,000.00 4. Adjustment journal: Accounts ReceivableRp . 1,500,000.00 Transportation Revenue Rp . 1,500,000.00 5. Adjustment Journal: Salary expense Rp . 300,000.00 Salary payable Rp . 300,000.00 Credit Rp. Rp. Rp. Rp. 40.000.000,00 5.000.000,00 50,000,000.00 30.000.000,00 - Rp. 125,000,000.00 lOMoARcPSD|26370826 6. Adjustment Journal: Interest Expense Rp . 50,000.00 Interest payable Rp . 50,000.00 7. Load Method: Unused = January 1, 1990 - August 31, 1991 = 8 Months 8 / 12 x Rp. 1,800,000.00 = Rp. 1,200,000.00 Adjustment Journal: Insurance paid in advance Rp. 1,200,000.00 Insurance Expenses Rp . 1,200,000.00