Contoh Soal dan Jawaban Laporan Arus Kas

·         (Preparation of operating Activities Section – Inderect Method,Periodic Inventory)

The Income Statement of Candra Company is shown below.

Candra Company Income Statement For The Year Ended December 31,2010

Sales                                                                                      $ 6,900,000       Cost of Goods Sold :                        Beginning Inventory                      $ 1,900,000          Purchases                                          4,400,000          Goods available for sale                   6,300,000          Ending Inventory                             1,600,000          Cost of good sold                                                                  4,700,000       Gross Profit                                                                             2,200,000       Operating Expenses :          Selling Expenses                                 450,000          Administrative Expenses                    700,000          Operating Expenses                                                              1,150,000            Net Income                                                                           $ 1,050,000

·         Additional Information :

1.      Accounts receivable decreased $ 310,000 during the year.

2.      Prepaid expenses increased $ 170,000 during the year.

3.      Accounts payable to suppliers of merchandise decreased $ 275,000 during the year.

4.      Accrued expenses payable decreased $ 120,000 during year.

5.      Administrative expenses include depreciation expenses $ 60,000.

·         Instructions

Prepare the operating activities section of the statement of cash flow for the year ended

December 31, 2010, for Candra Company,using indirect method and direct method.

·         Answer :

A.    Inderect Method

Candra Company STATEMENT OF CASH FLOW For The Year Ended December 31,2010

Cash Flow From Operating Activities :      Net Income                                                                                  $ 1,050,000      Additions : 1.      Accounts receivable                                                                     310,000 5.      Depreciation Expenses                                                                   60,000 Inventory                                                                                     300,000                                                                                                $ 1,720,000      Deductions :                                                                                                2.      Prepaid Expenses                          $ 170,000 3.      Accounts Payable                            275,000 4.      Accrued Expense Payable               120,000                                                                                                   ( 565,000 )    Net Cash provided by operating expenses                                     $  1,155,000

B.     Direct Method

Candra Company Statement of Cash Flow For The ended December,31,2101

Cash Flow from Operating Activities :      Sale                                                                                    $ 6,900,000      Inventory                                                                                 300,000      Receivable                                                                               310,000                                                                                                 $ 7,510,000     Cost of goods Sold                          ( $ 4,700,000 )     Account Payable                              ( $    275,000  )     Accrued Expense Payable                ( $   120,000  )     Prepaid Expenses                             ( $   170,000  )     Operating Expense                            ( $ 1,090,000 )                                                                                              ( $ 6,355,000 )    Net Cash provided by operating expense                            $ 1,155,000

Oke, agan – agan semua pasti bertanya – tanya kenapa operating expense y $ 1,090,000 padahal pada neraca tertera bahwa operating expensenya $ 1,150,0000.

Et, Jangan Salah agan – agan coba, agan lihat pernyataan pada informasi tambahan no.5 ya, disitu kan dibilang kalau administrative expense sudah termasuk $ 60,000 beban penyusutan, so kita kurangi 60,000 itu dari $ 1,150,000 maka dapat hasilnya $ 1,150,000 gan, karena dalam direct method akun penyusutan tidak dimasukkan.

( Oke, Eat’ers all surely enquire - ask why operating expense y $ 1,090,000 though balance as

 described that operating expensenya $ 1,150,0000. Et, Don'T be Wrong Eat’ers try see the

 statement at supplementary information no.5 yes, there spelled out members by if

 administrative expense have the inclusive of $ 60,000 decrease burden, our so lessen the 60,000

 that from $ 1,150,000 hence earn its result $ 1,150,000, because in direct method account

 depretiation expenseis not entered/included. )