Do the question below and collect your answer sheet for the latest at September 3, 2008. (paling lambat tgl 3 September 2008)!
At January 1, 2005, Mr. Abas opened the sole proprietorship as the transportation business which he named “ABAS Trans”.
The following transaction occured during January 2005:
- Mr. Abas invested Rp 100.000.000,00 into cash of his business as the beginning equity.
- Purchased cash 2 units of vehicle @ Rp 35.000.000,00.
- Purchased supplies Rp 1.500.000,00 on account.
- Performed accounting service for a client Rp 300.000,00, received cash Rp 100.000,00 and the residual will be paid next month.
- Paid cash Rp 1.000.000,00 on the account payable.
- Received cash Rp 8.000.000,00 from clients for service revenue earned.
- Paid cash the expenses: Salaries expense Rp 1.200.000,00; electricity expense Rp 150.000,00; telephone expense Rp 250.000,00.
- The residual of supplies are Rp 500.000,00.
- Depreciated the equipment 5% for January 2005.
- Mr. Abas drew Rp 2.000.000,00 from cash of business for personal use.
Input the preceding transactions into Accounting Equation!