This document provides examples and explanations for accounting for fixed assets under the straight-line depreciation method. It discusses revising estimated lives and salvage values, capital vs revenue expenditures, asset components, disposals, discards, sales and exchanges of fixed assets. Journal entries are provided for asset acquisition, depreciation, replacement of components, and disposal through sale, discard or exchange.
1. FIXED ASSETS 2 04-06-14
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1. REVISING DEPRECIATION ESTIMATES ( MEREVISI ESTIMASI
PENYUSUTAN)
CONTOH : ASSET COST = 130.000, ESTIMATED LIFE = 30 YEARS, RESIDUAL VELUE=
10.000. TELAH DISUSUTKAN SELAMA 10 YEARS DENGAN STRAIGHT-LINE METHOD.
RUMUS STRAIGHT LINE = COST- ESTIMATED RESIDUAL VALUE
ESTIMATED LIFE
ACCUMULATED DEPRECIATION / YEARS = (130.000 – 10.000) : 30 = 4.000
ASSET COST 130.000
LESS ACCUMULATED DEPRECIATION (4.000 PER YEAR X 10 YEARS) 40.000
BOOK VALUE (UNEPRECIATED COST), END OF TENTH YEAR 90.000
PADA TAHUN KE-11 ,ESTIMATED LIFE = 25 YEARS (BUKAN 20 YEARS) DAN
RESIDUAL VALUE = 5.000 (BUKAN 10.000).
BOOK VALUE (UNDERPRECIATE COST), END OF TENTH YEAR 90.000
LESS REVISED ESTIMATED RESIDUAL VALUE 5.000
REVISED REMINING EPRECIABLE COST 85.000
REMINING YEARS : 25
REVISED ANNUAL DEPRECIATION EXPENSE 3.400
2. CAPITAL AND REVENUE EXPENDITURES ( PENGELUARAN MODAL DAN
PENDAPATAN)
CAPITAL EXPENDITURES : PENAMBAHAN ATAU PERBAIKAN PADA FIXED ASSET
SENDIRI YANG MENINGKATKAN NILAI TOTAL FIXED ASSET ATAU
MEMPERPANJANG UMUR FIXED ASSET. JURNAL : DEBET FIXED ASSET /
RELATED ACCUMULATED DEPRECIATION ACCOUNT.
2. FIXED ASSETS 2 04-06-14
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REVENUE EXPENDITURES : BIAYA-BIAYA YANG HANYA MEMBERIKAN
MANFAAT PADA PERIODE BERJALAN ATAU BIAYA YANG MUNCUL SEBAGAI
BAGIAN DARI REPARASI DAN PEMELIHARAAN NORMAL. JURNAL: DEBET
EXPENSE
3. FIXED ASSET COMPONENTS
BAGIAN BERWUJUD DARI FIXED ASSET YANG DAPAT DIPISAHKAN DAN
DIIDENTIFIKASIKAN SEBAGAI ASSET YANG DISUSUTKAN TERSENDIRI
SESUAI DENGAN UMUR MANFAATNYA.
CONTOH : ATAP DAN LIFT DALAM SEBUAH BANGUNAN MERUPAKAN
KOMPONEN YANG DISUSUTKAN TERPISAH DARI BANGUNANNYA.
A. MEMBELI, MEMPEROLEH ATAU MEMBANGUN KOMPONEN BARU →
HARUS DIKAPITALISASI
JURNAL :
COMPONENT XXXX
CASH/ ACCOUNT PAYABLE XXXX
CONTOH :
1 APRIL BOXTER COMPANY MEMBELI DAN MEMASANG ALAT PENYANGKAT
(CRANE) BARU DI GUDANGNYA SEHARGA 150.000.
JURNAL :
CRANE (ALAT PENGANGKAT) 150.000
CASH 150.000
B. MENGGANTI SUATU KOMPONEN
2 TAHAP :
TAHAP 1 :
BOOK VALUE :
(ANGKANYA BOOK VALUE = COST – ACCUM. DEPRECIATION)
DEPRECIATION EXPENSE XXXX
ACCUMULATED DEPRECIATION-FIXED ASSET XXXX
REMOVAL EXPENSE (BIAYA PEMINDAHAN KOMPONEN LAMA) :
(ANGKANYA REMOVAL EXPENSE)
3. FIXED ASSETS 2 04-06-14
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REMOVAL EXPENSES XXXX
CASH XXXX
PENGHILANGAN COST DAN DEPRECIATION :
(ANGKANYA ACCUMULATED DEPRECIATION AWAL +
ACCUMULATED DEPRECIATION AKHIR)
ACCUMULATED DEPRECIATION XXXX
FIXED ASSET XXXX
TAHAP 2 :
KAPITALISASI SEBAGAI KOMPONEN YANG TERPISAH
( ANGKANYA COST COMPONEN YANG BARU)
FIXED ASSET XXXX
CASH XXXX
CONTOH :
BOXTER MENGGANTI ATAP GEDUNG ( WAREHOUSE ROOF) LAMA. REMOVAL
EXPENSE = 1.000, COST = 40.000, ACCUMULATED DEPRECIATION = 31.000, BOOK
VALUE = 40.000 – 31.000 = 9.000. COST WAREHOUSE ROOF YANG BARU = 60.000,
ESTIMATED LIFE WAREHOUSE ROOF YANG BARU = 20 TAHUN.
DEPRECIATION EXPENSE 9.000
ACCUMULATED DEPRECIATION-WAREHOUSE 9.000
REMOVAL EXPENSES 1.000
CASH 1.000
ACCUMULATED DEPRECIATION- WAREHOUSE 40.000
WAREHOUSE 40.000
*40.000 = 31.000 + 9.000
WAREHOUSE 60.000
CASH 60.000
4. FIXED ASSETS 2 04-06-14
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PENYUSUTAN PER TAHUN DENGAN STRAIGHT LINE METHOD =
60.000 : 20 = 3.000
4. DISPPOSAL OF FIXED ASSETS (PELEPASAN AKTIVA TETAP)
JURNAL : (ANGKANYA SEHARGA COST)
ACCUMULATED DEPRECIATION XXXX
FIXED ASSET XXXX
5. DISCARDING FIXED ASSETS ( PEMBUANGAN AKTIVA TETAP)
1. APABILA SUDAH DISUSUTKAN SEPENUHNYA
(FULLY DEPRECIATED)
TO WRITE OFF FIXED ASSET DISCARDED
(ANGKANYA COST OF FIXED ASSETS)
ACCUMULATED DEPRECIATION XXXX
FIXED ASSET XXXX
2. APABILA BELUM DISUSUTKAN SEPENUHNYA ( HAS NOT BEEN FULLY
DEPRECIATED)
TO ENTRY DEPRECIATION
DEPRECIATION EXPENSE-FIXED ASSETS XXXX
ACC. DEPRECIATION-FIXED ASSETS XXXX
TO WRITE OFF FIXED ASSET DISCARDED
ACC. DEPRECIATION-FIXED ASSETS XXXX
LOSS ON DISPOSAL OF FIXED ASSETS XXXX
FIXED ASSETS XXXX
CATATAN :
ANGKA JURNAL PERTAMA = TOTAL PENYUSUTAN SELAMA FISCAL YEAR.
ANGKA JURNAL KEDUA =
ACC. DEPRECIATION-FIXED ASSETS = ADJUSTING ENTRIES +
ANGKA JURNAL PERTAMA
LOSS ON DISPOSAL OF FIXED ASSETS = FIXED ASSETS - ACC.
DEPRECIATION-FIXED ASSETS
5. FIXED ASSETS 2 04-06-14
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FIXED ASSETS = COST OF FIXED ASSET
CONTOH : COST OF EQUIPMENT = 6.000, DISUSUTKAN DENGAN STRAIGHT
LINE METHOD DENGAN RATE 10 %. ADJUSTING ENTRIES 31 DESEMBER = 4.750,
EQUIPMENT DIKELUARKAN DARI PEMAKAIAN 24 MARET.
JAWAB : DESEMBER-MARET= 3 BULAN.
PENYUSUTAN PER TAHUN = 6.000 X 10% = 600
PENYUSUTAN PER 3 BULAN = 600 X 3/12 = 150
JURNAL :
TO ENTRY DEPRECIATION
DEPRECIATION EXPENSE-EQUIPMENT 150
ACC. DEPRECIATION-EQUIPMENT 150
TO WRITE OFF FIXED ASSET DISCARDED
ACC. DEPRECIATION-EQUIPMENT 4.900
LOSS ON DISPOSAL OF EQUIPMENT 1.100
EQUIPMENT 6.000
6. SELLING FIXED ASSETS (PENJUALAN AKTIVA TETAP)
DIK : COST OF EQUIPMENT : 10.000 , RATE DEPRECIATION/ YEAR = 10 %, 12
OKTOBER TAHUN KE 8 DIJUAL , BALANCE ACCUMULATED DEPRECIATION
TAHUN SEBELUMNYA (31 DESEMBER) = 7.000.
JURNAL :
1. OCT 12 DEPRECIATION EXPENSE-EQUIPMENT 750
ACCUM DEPRECIATION-EQUIPMENT 750
750 = (10.000 X ¾ X 10%)
ANGKA JURNAL 1 : COST OF EQUIPMENT X RATE OF
DEPRECIATION
2. JURNAL PENJUALANNYA
JIKA DIJUAL SEHARGA BOOK VALUE
BOOK VALUE = COST – ACCUMULATED DEPRECIATION
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= 10.000 – 7.750
= 2.250
JURNAL :
CASH 2.250
ACCUMULATED DEPRECIATION-EQUIPMENT 7.750
EQUIPMENT 10.000
JIKA DIJUAL DIBAWAH BOOK VALUE (RUGI)
MIS DIJUAL SEHARGA 1.000
JURNAL :
CASH 1.000
ACCUMULATED DEPRECIATION-EQUIPMENT 7.750
LOSS ON DISPOSAL OF FIXED ASSETS 1.250
EQUIPMENT 10.000
JIKA DIJUAL DIATAS BOOK VALUE (UNTUNG)
MIS DIJUAL SEHARGA 2.800
JURNAL :
CASH 2.800
ACCUMULATED DEPRECIATION-EQUIPMENT 7.750
EQUIPMENT 10.000
GAIN ON DISPOSAL OF FIXED ASSETS 550
7. EXCHANGING SIMILAR FIXED ASSETS (PERRUKARAN AKTIVA TETAP YANG
SEJENIS)
ISTILAH : TRADE-IN ALLOWANCE (NILAI TUKAR TAMBAH)
BOOT (SISA TERUTANG)
7. FIXED ASSETS 2 04-06-14
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1. GAIN ON EXCHAGE (KEUNTUNGAN ATAS PERTUKARAN)
TRADE-IN ALLOWANCE > BOOK VALUE OF THE OLD EQUIPMENT
2 METODE :
a. COST OF NEW ASSET = LIST PRICE OF NEW ASSET –
UNRECOGNIZED GAIN (UNTUNG YG TIDAK DIAKUI)
b. COST OF NEW ASSET = CASH GIVEN (OR LIABILITIES
ASSUMED) + BOOK CALUE OF OLD ASSET
SOAL :
SIMILAR EQUIPMENT ACQUIRED (NEW) :
LIST PRICE OF NEW EQUIPMENT 5.000
TRADE-IN ALLOWANCE ON OLD EQUIPMENT 1.100 -
CASH PAID AT JUNE 19, DATE OF EXCHANGE 3.900
EQUIPMENT TRADED IN (OLD) :
COST OF OLD EQUIPMENT 4.000
ACCUM DEPRECIATION AT DATE OF EXCHANGE 3.200 -
BOOK VALUE AT JUNE 19, DATE OF EXCHANGE 800
RECORDED COST OF NEW EQUIPMENT :
METODE 1
LIST PRICE OF NEW EQUIPMENT 5.000
TRADE-IN ALLOWANCE 1.100
BOOK VALUE OF OLD EQUIPMENT 800
UNRECOGNIZED GAIN ON EXCHANGE (300) -
COST OF NEW EQUIPMENT 4.700
METODE 2
BOOK VALUE OF OLD EQUIPMENT 800
CASH PAID AT DATE OF EXCHANGE 3.900 +
COST OF NEW EQUIPMENT 4.700
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JURNAL :
ACCUMULATED DEPRECIATION-EQUIPMENT 3.200
EQUIMENT (NEW EQUIPMENT) 4.700
EQUIPMENT (OLD EQUIPMENT) 4.000
CASH 3.900
2. LOSSES ON EXCHANGE (KERUGIAN ATAS PERTUKARAN)
TRADE-IN ALLOWANCE < BOOK VALUE OF THE OLD EQUIPMENT
SOAL :
SIMILAR EQUIPMENT ACQUIRED (NEW) :
LIST PRICE OF NEW EQUIPMENT 10.000
TRADE-IN ALLOWANCE ON OLD EQUIPMENT 2.000 -
CASH PAID AT SEPTEMBER 7, DATE OF EXCHANGE 8.000
EQUIPMENT TRADED IN (OLD) :
COST OF OLD EQUIPMENT 7.000
ACCUMULATED DEPRECIATIION AT DATE OF EXCHANGE 4.600 -
BOOK VALUE AT SEPTEMBER 7, DATE OF EXCHANGE 2.400
TRADE-IN ALLOWANCE ON OLD EQUIPMENT 2.000 -
LOSS ON EXCHANGE 400
JURNAL:
ACCUMULATED DEPRECIATION-EQUIPMENT 4.600
EQUIPMENT 10.000
LOSS ON DISPOSAL OF FIXED ASSETS 400
EQUIPMENT 7.000
CASH 8.000