Tugas 2 SIAK Seany Sukmawati (1106154034)

E2-15 The statement of cash flows classifies each transaction as an operating activity, an investing
activity, or a financing activity. Operating activities are the types of activities the company performs
to generate profits. Investing activities include the purchase of longlived assets such as equipment or
the purchase of investment securities. Financing activities are borrowing money, issuing shares, and
paying dividends.
Presented below are the following transactions
1. Issued stock for $20,000 cash.
2. Issued note payable for $10,000 cash.
3. Purchased equipment for $11,000 cash.
4. Received $15,000 cash for services provided.
5. Paid $1,000 cash for rent.
6. Paid $600 cash dividend to stockholders.
7. Paid $6,500 cash for salaries.
I nstructions
Classify each of these transactions as operating, investing, or financing activities.

Cash Flow Statement
Operating Actifities
Cash received from services provided 15,000
Cash paid for rent (1,000)
Cash paid for salaries (6,500)
Cash Flows From Operating Actifities 7,500
Investing Actifities
Purchase of equipment (11,000)
Cash Flows From Investing Actifities (11,000)
Financing Actifities
Issue of shares 20,000
Issue of note payable 10,000
Payment of dividends (600)
Cash Flows From Financing Actifities 29,400
Total Cash Flow $ 25,900



P2-5A The Classic Theater opened on April 1. All facilities were completed on March 31. At this
time, the ledger showed No. 101 Cash $6,000, No. 140 Land $10,000, No. 145 Buildings (concession
stand, projection room, ticket booth, and screen) $8,000, No. 157 Equipment $6,000, No. 201
Accounts Payable $2,000, No. 275 Mortgage Payable $8,000, and No. 311 Share Capital--Ordinary
$20,000. During April, the following events and transactions occurred.
Apr. 2 Paid film rental of $800 on first movie.
3 Ordered two additional films at $1,000 each.
9 Received $1,800 cash from admissions.
10 Made $2,000 payment on mortgage and $1,000 for accounts payable due.
11 Classic Theater contracted with D. Zarle Company to operate the concession stand.
Zarle is to pay 18% of gross concession receipts (payable monthly) for the rental of the
concession stand.
Tugas 2 SIAK Seany Sukmawati (1106154034)

12 Paid advertising expenses $300.
20 Received one of the films ordered on April 3 and was billed $1,000. The film will be
shown in April.
25 Received $5,200 cash from admissions.
29 Paid salaries $1,600.
30 Received statement from D. Zarle showing gross concession receipts of $1,000 and the
balance due to The Classic Theater of $180 ($1,000 x 18%) for April. Zarle paid one-
half of the balance due and will remit the remainder on May 5.
30 Prepaid $900 rental on special film to be run in May.
In addition to the accounts identified above, the chart of accounts shows No. 112 Accounts
Receivable, No. 136 Prepaid Rent, No. 400 Service Revenue, No. 429 Rent Revenue, No. 610
Advertising Expense, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense.
I nstructions
(a) Enter the beginning balances in the ledger as of April 1. Insert a check mark () in the reference
column of the ledger for the beginning balance.
(b) Journalize the April transactions.
(c) Post the April journal entries to the ledger. Assume that all entries are posted from page 1 of the
journal.
(d) Prepare a trial balance on April 30, 2014.

(a) Beginning Ledger

Cash No. 101
Date Explanation Ref. Debit Credit Balance
Apr. 1 Balance 6,000

Land No. 140
Date Explanation Ref. Debit Credit Balance
Apr. 1 Balance 10,000

Buildings No. 145
Date Explanation Ref. Debit Credit Balance
Apr. 1 Balance 8,000

Equipment

No. 157
Date Explanation Ref. Debit Credit Balance
Apr. 1 Balance 6,000

Accounts Payable

No. 201
Date Explanation Ref. Debit Credit Balance
Apr. 1 Balance 2,000

Mortgage Payable

No. 275
Date Explanation Ref. Debit Credit Balance
Apr. 1 Balance 8,000

Share CapitalOrdinary

No. 311
Date Explanation Ref. Debit Credit Balance
Apr. 1 Balance 20,000




Tugas 2 SIAK Seany Sukmawati (1106154034)

(b) Journal

Date Account Title Ref Debit Credit
Apr. 2 Film Rental Expense 800
Cash 800
(Payment for film rental)
Apr. 3 No Entry 0
No Entry 0
(Ordered additional films)
Apr. 9 Cash 1,800
Admission Revenue 1,800
(Received cash for services provided)
Apr. 10 Mortgage Payable 2,000
Accounts Payable 1,000
Cash 3,000
(Made payments on mortgage and accounts
payable)

Apr. 11 No Entry 0
No Entry 0
(Contract to operate concession stand)
Apr. 12 Advertising Expense 300
Cash 300
(Paid advertising expenses)
Apr. 20 Film Rental Expense 1,000
Accounts Payable 1,000
(Rented film on account)
Apr. 25 Cash 5,200
Admission Revenue 5,200
(Received cash for services provided)
Apr. 29 Salaries Expense 1,600
Cash 1,600
(Paid salaries expense)
Apr. 30 Accounts Receivable 90
Cash 90
Concession Revenue 180
(Received cash & balance on account for
concession revenue)

Apr. 30 Prepaid Rentals 900
Cash 900
(Paid cash for future film rentals.)

(c) Ledger

Cash No. 101
Date Explanation Ref. Debit Credit Balance
Apr. 1 Balance 6,000
2 J1 0 800 5,200
9 J1 1,800 0 7,000
10 J1 0 3,000 4,000
12 J1 0 300 3,700
25 J1 5,200 0 8,900
29 J1 0 1,600 7,300
30 J1 90 0 7,390
30 J1 0 900 6,490
Tugas 2 SIAK Seany Sukmawati (1106154034)


Accounts Receivable No. 112
Date Explanation Ref. Debit Credit Balance
Apr. 30 J1 90 0 90

Prepaid Rent

No. 136
Date Explanation Ref. Debit Credit Balance
Apr. 30 J1 900 0 900

Land

No. 140
Date Explanation Ref. Debit Credit Balance
Apr. 1 Balance 10,000

Buildings

No. 145
Date Explanation Ref. Debit Credit Balance
Apr. 1 Balance 8,000

Equipment

No. 157
Date Explanation Ref. Debit Credit Balance
Apr. 1 Balance 6,000

Accounts Payable

No. 201
Date Explanation Ref. Debit Credit Balance
Apr. 1 Balance 2,000
10 J1 1,000 0 1,000
20 J1 0 1,000 2,000

Mortgage Payable

No. 275
Date Explanation Ref. Debit Credit Balance
Apr. 1 Balance 8,000
10 J1 2,000 0 6,000

Share CapitalOrdinary

No. 311
Date Explanation Ref. Debit Credit Balance
Apr. 1 Balance 20,000

Service Revenue

No. 400
Date Explanation Ref. Debit Credit Balance
Apr. 9 J1 0 1,800 1,800
25 J1 0 5,200 7,000

Rent Revenue

No. 429
Date Explanation Ref. Debit Credit Balance
Apr. 30 J1 0 180 180

Advertising Expense

No. 610
Date Explanation Ref. Debit Credit Balance
Apr. 12 J1 300 0 300

Salaries and Wages Expense

No. 726
Date Explanation Ref. Debit Credit Balance
Apr. 29 J1 1,600 0 1,600

Rent Expense

No. 729
Date Explanation Ref. Debit Credit Balance
Apr. 2 J1 800 0 800
20 J1 1,000 0 1,800



Tugas 2 SIAK Seany Sukmawati (1106154034)

(d) Trial Balance


CLASSIC THEATER
Trial Balance
April 30, 2014

Debit Credit
Cash $ 6,490 $ 0
Accounts Receivable 90 0
Prepaid Rent 900 0
Land 10,000 0
Buildings 8,000 0
Equipment 6,000 0
Accounts Payable 0 2,000
Mortgage Payable 0 6,000
Share Capital--Ordinary 0 20,000
Service Revenue 0 7,000
Rent Revenue 0 180
Advertising Expense 300 0
Salaries and Wages Expense 1,600 0
Rent Expense 1,800 0

$ 35,180

$ 35,180