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Konsolidasi Pada Saat Tanggal Akuisisi: Irwin/Mcgraw-Hill

This document discusses the consolidation of two company's balance sheets when one company purchases the other at book value. It shows the balance sheets of the two companies before combination and the consolidated balance sheet after eliminating the investment account through an increase in common stock and retained earnings of the purchasing company.

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Abraham Niel puteranata
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32 views

Konsolidasi Pada Saat Tanggal Akuisisi: Irwin/Mcgraw-Hill

This document discusses the consolidation of two company's balance sheets when one company purchases the other at book value. It shows the balance sheets of the two companies before combination and the consolidated balance sheet after eliminating the investment account through an increase in common stock and retained earnings of the purchasing company.

Uploaded by

Abraham Niel puteranata
Copyright
© © All Rights Reserved
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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1

Baker / Lembke / King

4
Konsolidasi
Pada Saat
Tanggal
Akuisisi
Irwin/McGraw-Hill © The McGraw-Hill
© The McGraw-Hill
Companies, Inc., 1999 Inc., 1999
Companies,
2
Consolidation Workpaper

Trial Balance Data Elimination Entries


Account Titles Parent Subsidiary Debits Credits Consolidated

Work flow

Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999


3
Balance Sheets Before Combination
Assets
Cash $ 350,000 $ 50,000
Accounts Receivable 75,000 50,000
Inventory 100,000 60,000
Land 175,000 40,000
Buildings and Equipment 800,000 600,000
Accumulated Depreciation (400,000) (300,000)

Total Assets $1,100,000 $500,000


Liabilities and Stockholders’ Equity
Accounts Payable $ 100,000 $100,000
Bonds Payable 200,000 100,000
Common Stock 500,000 200,000
Retained Earnings 300,000 100,000
Total Liabilities and Stockholders’ Equity $1,100,000 $500,000
Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999
4
Balance Sheets Before Combination
Assets
Cash $ 350,000 $ 50,000
Accounts Receivable 75,000 50,000
Investment cost
Inventory $300,00060,000
100,000
Land Book value: 175,000 40,000
BuildingsCommon
and Equipment 800,000
stock--Special Foods $200,000 600,000
Accumulated Depreciation
Retained (400,000)
earnings--Special Foods 100,000 (300,000)
$300,000
Total Assets $1,100,000 $500,000
Peerless’s
Liabilities and share Equity
Stockholders’ x 1.00 (300,000)
AccountsDifference
Payablebetween cost and $ 100,000 $100,000
book value
Bonds Payable $
200,000 -0-
100,000
Common Stock 500,000 200,000
Retained Earnings 300,000 100,000
Total Liabilities and Stockholders’ Equity $1,100,000 $500,000
Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999
5
Balance Sheets After Combination
Assets
Cash $ 50,000 $ 50,000
Accounts Receivable 75,000 50,000
Inventory 100,000 60,000
Land 175,000 40,000
Buildings and Equipment 800,000 600,000
Accumulated Depreciation (400,000) (300,000)
Investment in Special Foods Stock 300,000
Total Assets $1,100,000 $500,000
Liabilities and Stockholders’ Equity
Accounts Payable $ 100,000 $100,000
Bonds Payable 200,000 100,000
Common Stock 500,000 200,000
Retained Earnings 300,000 100,000
Total Liabilities and Stockholders’ Equity $1,100,000 $500,000
Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999
6
Purchase at Book Value

Trial Balance Data Elimination Entries


Account Titles Peerless Spec. Fd. Debits Credits Consolidated
Cash 50,000 50,000 100,000
Accounts Rec. 75,000 50,000 125,000
Inventory l00,000 60,000 160,000
Land 175,000 40,000 215,000
Bldg. and Equip. 800,000 600,000 1,400,000
Inv. in Sp. Foods 300,000
Total Debits 1,500,000 800,000 2,000,000

Accum. Depr. 400,000 300,000 700,000


Accounts Payable 100,000 100,000 200,000
Bonds Payable 200,000 100,000 300,000
Common Stock 500,000 200,000 500,000
Retained Earn. 300,000 100,000 300,000
Total Credits 1,500,000 800,000 2,000,000
Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999
7
Purchase at Book Value

Trial Balance Data Elimination Entries


Account Titles Peerless Spec. Fd. Debits Credits Consolidated
Cash 50,000 50,000 100,000
Accounts Rec. 75,000 50,000 125,000
Inventory l00,000 60,000 160,000
Land 175,000 40,000 215,000
Bldg. and Equip. 800,000 600,000 1,400,000
Inv. in Sp. Foods 300,000 300,000
Total Debits 1,500,000 800,000 2,000,000

Accum. Depr. 400,000 300,000 700,000


Accounts Payable 100,000 100,000 200,000
Bonds Payable 200,000 100,000 300,000
Common Stock 500,000 200,000 200,000 500,000
Retained Earn. 300,000 100,000 100,000 300,000
Total Credits 1,500,000 800,000 300,000 300,000 2,000,000
Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999
8
Purchase at Book Value

Trial Balance Data Elimination Entries


Account Titles Peerless Spec. Fd. Debits Credits Consolidated
Cash 50,000 50,000 100,000
Accounts Rec. 75,000 50,000 125,000
Inventory l00,000 60,000 160,000
Land 175,000 40,000 215,000
Bldg. and Equip. 800,000 600,000 1,400,000
Inv. in Sp. Foods 300,000 300,000
Total Debits 1,500,000 800,000 2,000,000

Accum. Depr. 400,000 300,000 700,000


Accounts Payable 100,000 100,000 200,000
Bonds Payable 200,000 100,000 300,000
Common Stock 500,000 200,000 200,000 500,000
Retained Earn. 300,000 100,000 100,000 300,000
Total Credits 1,500,000 800,000 300,000 300,000 2,000,000
Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999
9
Purchase at Book Value

Common Stock--Special Foods 200,000


Retained Earnings 100,000
Investment in Special Foods
Stock 300,000

Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999


10
Purchase At More Than Book Value

Investment
Investmentcost
cost $340,000
$340,000
Book
Bookvalue:
value:
Common
Commonstock--Special
stock--SpecialFoods
Foods $200,000
$200,000
Retained
Retainedearnings--Special
earnings--SpecialFoods
Foods 100,000
100,000
$300,000
$300,000
Peerless’s
Peerless’sshare
share xx 1.00
1.00 (300,000)
(300,000)
Difference
Differencebetween
betweencost
costand
and
book
bookvalue
value $$ 40,000
40,000

Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999


11
Purchase At More Than Book Value
Alasan harga beli saham perusahaan mungkin melebihi nilai buku saham

Alasan harga beli saham perusahaan mungkin


melebihi nilai buku saham...

 Kesalahan atau kelalaian pada


pembukuan anak perusahaan
 Kelebihan nilai wajar atas nilai buku
aset bersih anak perusahaan yang dapat
diidentifikasi
 Adanya niat baik
 Other reasons

Sangat
Sangat
Langka
Langka
Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999
12
Purchase At More Than Book Value

Trial Balance Data Elimination Entries


Account Titles Peerless Spec. Fd. Debits Credits Consolidated
Cash 10,000 50,000 60,000
Accounts Rec. 75,000 50,000 125,000
Inventory l00,000 60,000 160,000
Land 175,000 40,000 40,000 255,000
Bldg. and Equip. 800,000 600,000 1,400,000
Inv. in Sp. Foods 340,000 340,000
Differential 40,000 40,000
Total Debits 1,500,000 800,000 2,000,000

Accum. Depr. 400,000 300,000 700,000


Accounts Payable 100,000 100,000 200,000
Bonds Payable 200,000 100,000 300,000
Common Stock 500,000 200,000 200,000 500,000
Retained Earn. 300,000 100,000 100,000 300,000
Total Credits 1,500,000 800,000
Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999
13
Purchase At More Than Book Value

Trial Balance Data Elimination Entries


Account Titles Peerless Spec. Fd. Debits Credits Consolidated
Cash 10,000 50,000 60,000
Accounts Rec. 75,000 50,000 125,000
Inventory l00,000 60,000 160,000
Land 175,000 40,000 40,000 255,000
Bldg. and Equip. 800,000 600,000 1,400,000
Inv. in Sp. Foods 340,000 340,000
Differential 40,000 40,000
Total Debits 1,500,000 800,000 2,000,000

Accum. Depr. 400,000 300,000 700,000


Accounts Payable 100,000 100,000 200,000
Bonds Payable 200,000 100,000 300,000
Common Stock 500,000 200,000 200,000 500,000
Retained Earn. 300,000 100,000 100,000 300,000
Total Credits 1,500,000 800,000 380,000 380,000 2,000,000
Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999
14
Purchase At More Than Book Value

Trial Balance Data Elimination Entries


Account Titles Peerless Spec. Fd. Debits Credits Consolidated
Cash 10,000 50,000 60,000
Accounts Rec. 75,000 50,000 125,000
Inventory l00,000 60,000 160,000
Land 175,000 40,000 40,000 255,000
Bldg. and Equip. 800,000 600,000 1,400,000
Inv. in Sp. Foods 340,000 340,000
Differential 40,000 40,000
Total Debits 1,500,000 800,000 2,000,000

Accum. Depr. 400,000 300,000 700,000


Accounts Payable 100,000 100,000 200,000
Bonds Payable 200,000 100,000 300,000
Common Stock 500,000 200,000 200,000 500,000
Retained Earn. 300,000 100,000 100,000 300,000
Total Credits 1,500,000 800,000 380,000 380,000 2,000,000
Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999
15
Purchase At More Than Book Value

Common Stock--Special Foods 200,000


Retained Earnings 100,000
Differential 40,000
Investment in Special Foods
Stock 340,000
Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999
16
Purchase At More Than Book Value

Land 40,000
Differential 40,000

Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999


17
Purchase At More Than Book Value

Trial Balance Data Elimination Entries


Account Titles Peerless Spec. Fd. Debits Credits Consolidated
Cash 10,000 50,000 60,000
Accounts Rec. 75,000 50,000 125,000
Inventory l00,000 60,000 160,000
Land 175,000 40,000 40,000 255,000
Bldg. and Equip. 800,000 600,000 1,400,000
Inv. in Sp. Foods 340,000 340,000
Differential 40,000 40,000
Total Debits 1,500,000 800,000 2,000,000

Accum. Depr. 400,000 300,000 700,000


Accounts Payable 100,000 100,000 200,000
Bonds Payable 200,000 100,000 300,000
Common Stock 500,000 200,000 200,000 500,000
Retained Earn. 300,000 100,000 100,000 300,000
Total Credits 1,500,000 800,000 380,000 380,000 2,000,000
Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999
18
80 Percent Purchase at Book Value

Investment
Investmentcost
cost $240,000
$240,000
Book
Bookvalue:
value:
Common
Commonstock--Special
stock--SpecialFoods
Foods $200,000
$200,000
Retained
Retainedearnings--Special
earnings--SpecialFoods
Foods 100,000
100,000
$300,000
$300,000
Peerless’s
Peerless’sshare
share xx .80.80 (240,000)
(240,000)
Differential
Differential $$ -0-
-0-

Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999


19
80 Percent Purchase at Book Value

Trial Balance Data Elimination Entries


Account Titles Peerless Spec. Fd. Debits Credits Consolidated
Cash 110,000 50,000
Accounts Rec. 75,000 50,000
Inventory l00,000 60,000
Land 175,000 40,000
Bldg. and Equip. 800,000 600,000
Inv. in Sp. Foods 240,000 240,000
Total Debits 1,500,000 800,000

Accum. Depr. 400,000 300,000


Accounts Payable 100,000 100,000
Bonds Payable 200,000 100,000
Common Stock 500,000 200,000 200,000
Retained Earn. 300,000 100,000 100,000
60,000
Total Credits 1,500,000 800,000 300,000 300,000
Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999
20
80 Percent Purchase at Book Value

Trial Balance Data Elimination Entries


Account Titles Peerless Spec. Fd. Debits Credits Consolidated
Cash 110,000 50,000
Accounts Rec. 75,000 50,000
Inventory l00,000 60,000
Land 175,000 40,000
Bldg. and Equip. 800,000 600,000
Inv. in Sp. Foods 240,000 240,000
Total Debits 1,500,000 800,000

Accum. Depr. 400,000 300,000


Accounts Payable 100,000 100,000
Bonds Payable 200,000 100,000
Common Stock 500,000 200,000 200,000
Retained Earn. 300,000 100,000 100,000
Noncont. Interest 60,000
Total Credits 1,500,000 800,000 300,000 300,000
Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999
21
80 Percent Purchase at Book Value

Trial Balance Data Elimination Entries


Account Titles Peerless Spec. Fd. Debits Credits Consolidated
Cash 110,000 50,000 160,000
Accounts Rec. 75,000 50,000 125,000
Inventory l00,000 60,000 160,000
Land 175,000 40,000 215,000
Bldg. and Equip. 800,000 600,000 1,400,000
Inv. in Sp. Foods 240,000 240,000
Total Debits 1,500,000 800,000 2,060,000

Accum. Depr. 400,000 300,000 700,000


Accounts Payable 100,000 100,000 200,000
Bonds Payable 200,000 100,000 300,000
Common Stock 500,000 200,000 200,000 500,000
Retained Earn. 300,000 100,000 100,000 300,000
Noncont. Interest 60,000 60,000
Total Credits 1,500,000 800,000 300,000 300,000 2,060,000
Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999
22
80 Percent Purchase at Book Value

Common Stock--Special Foods 200,000


Retained Earnings 100,000
Investment in Special Foods
Stock 240,000
Noncontrolling Interest 60,000

Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999


23
Chapter Four

The
The
End
End

Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1999

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