Following are the transactions that took place during 2019 at the Merdeka Belajar University. Date. January...
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Following are the transactions that took place during 2019 at the Merdeka Belajar University. Date. January 7, 2019, received educational operational assistance from the local government amounting to Rp. 200,000,000 accompanied by a requirement that the aid must be used for assistance in building the Library Building. March 25, 2019, Received donations in the form of a Campus Bus from the Association 3 units of alumni with a fair value for each bus of Rp. 300,000,000. The vehicle period benefits are 10 years and are depreciated on a straight-line basis. On 7 April 2019, Mr. Yohanes Putra on behalf of PT J&J made a donation amounting to Rp. 1000,000,000 on the condition that it must be invested permanently and bring in income On April 8, the University invested a donation from Mr Johanes Putra in a long-term deposit of Rp. 100,000,000 at Bank Safe Campus with interest of 6% per annum On May 2, 2019, a temporarily bound contribution from the local government was Rp. 200,000,000 has been fulfilled for the construction of the library building. Estimated construction of the library building will last for 3 years and will spent funds of Rp. 1,000,000,000. On June 1, 2019, the University received a grant of Rp. 250,000,000 from the Ever Foundation Green. The grant is required for greening the campus environment as a form of support for the Rector's policy regarding a Green Campus. June 15, 2019, for the assistance received from the Ever Green Foundation on the Ist June 2019, the University bought tree seeds and fertilizer for Rp. 250,000,000 December 31, 2019, Received deposit interest from Bank Aman Kampus amounting to Rp. 4,500,000 Requested: a). Prepare Universitas Merdeka Belajar cash flow statement for 2019 Following are the transactions that took place during 2019 at the Merdeka Belajar University. Date. January 7, 2019, received educational operational assistance from the local government amounting to Rp. 200,000,000 accompanied by a requirement that the aid must be used for assistance in building the Library Building. March 25, 2019, Received donations in the form of a Campus Bus from the Association 3 units of alumni with a fair value for each bus of Rp. 300,000,000. The vehicle period benefits are 10 years and are depreciated on a straight-line basis. On 7 April 2019, Mr. Yohanes Putra on behalf of PT J&J made a donation amounting to Rp. 1000,000,000 on the condition that it must be invested permanently and bring in income On April 8, the University invested a donation from Mr Johanes Putra in a long-term deposit of Rp. 100,000,000 at Bank Safe Campus with interest of 6% per annum On May 2, 2019, a temporarily bound contribution from the local government was Rp. 200,000,000 has been fulfilled for the construction of the library building. Estimated construction of the library building will last for 3 years and will spent funds of Rp. 1,000,000,000. On June 1, 2019, the University received a grant of Rp. 250,000,000 from the Ever Foundation Green. The grant is required for greening the campus environment as a form of support for the Rector's policy regarding a Green Campus. June 15, 2019, for the assistance received from the Ever Green Foundation on the Ist June 2019, the University bought tree seeds and fertilizer for Rp. 250,000,000 December 31, 2019, Received deposit interest from Bank Aman Kampus amounting to Rp. 4,500,000 Requested: a). Prepare Universitas Merdeka Belajar cash flow statement for 2019
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Date Account Title and Explanation Debit Credit Jan 7 2019 Local Government Ac 2000000000 To Donatio... View the full answer
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6th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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