Kasus 3 : Photography Studio
Create by: Irsan Lubis, SE. Ak Campus LPMB/ STEI CiledugMr Yusuf has opened a photography studio called "Mat Kodak" in December. The following transactions occurred during his first month of business.
December 04 Mr Yusuf deposited Rp.100.000.000 in business checking account to open business
December 05 Mr Yusuf invested his personal photography equipment with a fair market value of Rp.2.400.000 into the business
December 08 Bought photography supplies, Rp.280.000, paid cash December 10 Paid one month's rent on a studio, Rp.550.000
December 10 Placed advertisement in local newspaper and paid cash, Rp.70.000 December 14 Rendered services to client's married moment on account, Rp.2.500.000 December 16 Bought new camera equipment on account, Rp.3.500.000
December 19 Paid telephone bill, Rp.50.000 paid cash
December 21 Received payment from clients on account, Rp.2.500.000 December 25 Paid assistant's salary, Rp.1.000.000
December 28 Received Rp.600.000 for services rendered to clients by cash December 30 Withdrawing Rp.150.000 for personal use.
Adjusment for December 31.
1. Estimed Rp.25.000 of photography supplies on hand on December 31. 2. Photography Equipment has depreciated one full month, or Rp.67.000.
A new camera will depreciate next month.
3. Mr Yusuf estimates he has completed approximately full of the services owed to the client, Rp.3.000.000 worth.
List of Accounts Bank
Accounts Receivable Unearned Photography Fee Supplies
Photography Equipment
Accumulated Depreciation - Equipment Account Payable
Yusuf Capital Withdrawing Photography Fee Advertising Expense Rent Expense Telephone Expense Supplies Expense Depreciation Expense
