Upload
yuzrin-latief
View
226
Download
1
Tags:
Embed Size (px)
DESCRIPTION
AKUNTANSI
Citation preview
Objectives: Understanding to the business
transaction Understanding to the accounting
equation Analyzing to the effect of business
transaction to the accounting equation
Business Transaction and Accounting Equation22
A. The Definition of Business Transaction
A business transaction is an economic event that has some effect on the resources of a firm or on the sources of a firm’s assets
These business transactions will effect to the financial condition of the company and they must be recorded by a company
Classification of the business
transaction A business transaction can be classified into 2 (two) groups:a. External transactionb. Internal transaction
External transaction is concerned with an external party of the company
Internal transaction is an economic event that occurred in this company
For example External transaction: purchase raw
materials, payment of salaries expenses, payment building rent expenses, etc
Internal transaction: using of supplies, allocating cost of using fixed assets, to recognize an expense not previously recorded (like salaries payable), etc
All of these transactions will effect to three components of accounting equation, that are assets, liabilities, and equities A transaction business will give an effect
to at least two components of the accounting equation
For example: An increase of assets will effect to:
Decrease of other asset, or Increase of the liability, or Increase of the equity
B. Accounting Equation
Accounting equation describes the relationship among assets, liabilities, and owners’ equity or capital
It is the relationship on which all accounting is based
It can be shown as an equation
Assets = Liabilities + Owners’ Equity (Capital)
Assets is the resources of a firm They are acquired by a firm to
aid in accomplishing its goals They give an economic
benefits in the future time
Liabilities are Called Creditors’
Equities Liabilities are an interest of
the creditors in the assets Liabilities comes from
purchasing assets, borrowing money, etc
Owners’ Equities are Called Capital
Owners’ equities are an interest of the owners in the assets of a firm
Owners’ equities = Assets – Liabilities We can conclude that total assets of a
firm will be creditors’ claim and owners’ claim
Owners’ claim is the rest of creditors’ claim
C. Transaction Analysis
Transaction 1 Acquiring assets from the ownerMr. Airlangga invests his money to the firm Rp. 300.000.000,-(in Rp. 000,-)
AssetsAssets == LiabilitiesLiabilities ++ Owner’s Owner’s EquityEquity
CashCash == ++ Airlangga’s Airlangga’s CapitalCapital
300.000300.000 -0--0- ++ 300.000300.000
Transaction 2 Acquiring assets from creditors
Mr. Airlangga applies for a loan at Bank BCA because he doesn’t think that Rp. 300.000.000 will be enough to carry on his business
(in Rp. 000,-)
AssetsAssetsCashCash ==
LiabilitiesLiabilitiesNotes Notes
PayablePayable++
Owners’ Owners’ EquityEquity
Airlangga’s Airlangga’s CapitalCapital
300.000300.000 == -0--0- ++ 300.000300.000
150.000150.000 == 150.000150.000 ++ -0--0-