question archive On 3 March 2020, PT ABC made credit sales of Rp4
On 3 March 2020, PT ABC made credit sales of Rp4
Subject:AccountingPrice: Bought3
On 3 March 2020, PT ABC made credit sales of Rp4.500.000 which excluding 10% sales tax (VAT). Prepare journal entry to record the transaction. b. PT ABC sold merchandise on cash of Rp5.200.000 inclusive of 10% tax. Prepare journal entry to record the transaction. C. On August 1, 2020, PT ABC sold monthly car polish service packages to its customer at a price of Rp1.000.000/year. PT ABC managed to sell to 80 customers. The following is a journal recorded by PT ABC on August 1, 2020: (Dr) Cash 80.000.000 (Cr) Unearned Service Revenue 80.000.000 Prepare adjusting entries on December 31, 2020. d. PT ABC sells microwaves with a warranty of 1 year. During March 2020, it sold 4.000 units of microwaves at Rp5.000.000 per unit. It estimated that 3% of the sold products will be claimed as defective by the customers. Warranty cost per unit is Rp1.000.000. Prepare journal entry to: i. accrue the estimated warranty cost in March 2020. ii. record the honoring of 8 units broken in April 2020.
