AKUNTANSI KEUANGAN MENENGAH 2 ASISTENSI – TIM ASDOS AKM 2

CHAPTER 12

STATEMENT OF CASH FLOW

PSAK 2 : Laporan Arus Kas

Direct Method

1. Cash Flow from Operating Activities

Cash Received from Costumer = (-)
Sales x Current
Decrease/Increase in Account Receivable x/(x) Assets
Decrease/Increase in Notes Receivable x/(x) = (+)
Cash Paid to Supplier
Cost of Good Sold x
Decrease/Increase in Inventory (x)/x
Decrease/Increase in Account Payable x/(x) = (+)
Current
Decrease/Increase in Notes payable x/(x) Assets
Cash Paid for Operation Expense = (-)
Operating Expense x
Depreciation Expense (x)
Decrease/Increase in Prepaid (x)/x
Decrease/Increase in Salaries Payable x/(x) = (-)
Current
Cash Paid for Income Tax
Liabilities
Income Tax x = (+)
Decrease/Increase in Income Tax Payable x/(x)
Cash Paid for Interest Expense
Interest Expense x
Decrease/Increase in Interest Payable x/(x)
NET CASH PROVIDED BY OPERATING ACTIVITIES x/(x)
2. Cash Flow from Investing Activities
Sale of… x
Purchase of… (x) PPE / Non Current Asset
NET CASH USED BY INVESTING ACTIVITIES x/(x)
3. Cash Flow from Financing Activities
Issuance of Share Capital x
Issuance/Redemtion of Bond x/(x)
Long Term Debt & Equity
Payment of Cash Dividend (x)
NET CASH PROVIDED BY FINANCING ACTIVITIES x/(x)
NET INCREASE/DECREASE IN CASH x/(x)

Indirect Method

Cash Flow from Operating Activities

Net Income x
Adjustment to reconcile net income to:
= (-)
Current
Net cash provided by operating activities : Assets
Depreciation expense x = (+)
Loss from sale of… x
Gain from sale of… (x)
NET CASH PROVIDED BY OPERATING ACTIVITIES x/(x) = (+)
Current
Liabilities
= (-)
 AKUNTANSI KEUANGAN MENENGAH 2 ASISTENSI – TIM ASDOS AKM 2

New York Co. had available at the end of 2017 the information:
New York Company
New York Company Income Statement
Comparative Statement of Financial Position For the Year Ended December 31, 2017
As of December 31, 2017 and 2016 Sales Revenue 1,160,000
2017 2016 Cost of Good Sold (748,000)
Land (NCA) Rp 125,000 Rp 175,000 -Rp 50,000 412,000
Building (NCA) Rp 350,000 Rp 350,000 Rp - Gross Margin
Accumulated Depreciation – Building -Rp 105,000 -Rp 87,500 Rp 17,500 Operating Expense
Equipment (NCA) Rp 525,000 Rp 400,000 Rp 125,000 Selling Expense 79,200
Accumulated Depreciation – Equipment -Rp 130,000 -Rp 112,000 Rp 18,000 Administration Expense 156,700
Patent (Intangible) Rp 45,000 Rp 50,000 -Rp 5,000 Depreciation Expense 40,500
Inventory (CA) Rp 42,000 Rp 35,000 Rp 7,000 Total Operating Expense (276,400)
Prepaid Rent (CA) Rp 3,000 Rp 12,000 -Rp 9,000 Income from Operation 135,600
Prepaid Insurance (CA) Rp 2,100 Rp 900,000 Rp 1,200 Other Income and Expense
Office Supplies (CA) Rp 1,000 Rp 750,000 Rp 0,250 Gain on Sale of Land 8,000
Short-term Equity Investment (NCA) Rp 22,000 Rp 30,000 -Rp 8,000 Gain on Sale of Short – Term 4,000
Accounts Receivable (CA) Rp 20,500 Rp 12,950 Rp 7,550 Investment
Cash (CA) Rp 10,000 Rp 4,000 Rp 6,000 Dividend Revenue 2,400
Total Assets Rp 910,600 Rp 871,100 Interest Expense (51,750) (37,350)
Income before Taxes 98,250
Share Capital - Ordinary (Equity) Rp 240,000 Rp 220,000 Rp 20,000 Income Tax Expense (39,400)
Share Premium - Ordinary (Equity) Rp 25,000 Rp 17,500 Rp 7,500 Net Income 58,850
Retained Earnings Rp 123,297 Rp 88,747 Rp 34,550 Dividends to Ordinary Shareholders (24,300)
Long-term Notes Payable (NCL) Rp 60,000 Rp 70,000 -Rp 10,000 To retained Earnings 34,550
Bonds Payable (NCL) Rp 420,303 Rp 425,853 -Rp 5,550
Accounts Payable (CL) Rp 22,000 Rp 32,000 -Rp 10,000 Prepare a statement of cash flows for New York Company using the direct
Income Taxes Payable (CL) Rp 5,000 Rp 4,000 Rp 1,000 method, assume the short term investment are not treding. Bond premium
Wages Payable (CL) Rp 5,000 Rp 3,000 Rp 2,000 amortized was 5,550
Short – term Notes Payable (CL) Rp 10,000 Rp 10,000 Rp -
Total Equity and Liabilities Rp 910,600 Rp 871,100