Sherlin - 198110790 - Tugas 1 Akuntansi Keuangan Lanjutan
Sherlin - 198110790 - Tugas 1 Akuntansi Keuangan Lanjutan
Sherlin - 198110790 - Tugas 1 Akuntansi Keuangan Lanjutan
Required : calculate the goodwill or the gain from bargain purchase of the business
combination !
Debit ( in thousands )
Cash $ 12.000
Account Receivable 15.000
Inventories 32.000
Plant Assets 40.000
Total $ 99.000
Credit ( in thousands )
Account Payable $ 15.000
Notes Payable 25.000
Total $ 40.000
Required : determined the amount of Jong N.V. liabilties to be recognized by Van N.V. as a
result of the acquisition !
Cash $ 480.000
Account Receivable $ 720.000
Notes Receivable $ 600.000
Inventories $1.000.000
Other current assets $ 400.000
Land $ 400.000
Buildings $2.400.000
Equipment $1.200.000
Account Payable $ 600.000
Mortgage Payable $1.200.000
Investment in Saw $5.000.000
Gain on bargain purchase $ 400.000
(To record the net assets of Saw at fair value and the gain on the bargain purchase)
Pat Corporation
Balance Sheet
At January 2,2011
(After Business Combination )
Assets
Current Assets
Cash $ 5.180.000
Account Receivable – net $ 3.320.000
Notes Receivable – net $ 3.600.000
Inventories $ 6.000.000
Other Current Assets $ 1.800.000
Total Current Assets $19.900.000
Plant assets
Land $ 4.400.000
Buiding – net $20.400.000
Equipment – net $21.200.000
Total Plant Assets $46.000.000
Total Assets $65.900.000