KELOMPOK 2 :

Andreas Hartoyo Yaputra

1606850476
Adisty Lirasha Adharini
1606850431
Arief Kharisvan
1606937943

2016
QUESTION 1 :
Prepare a balance sheet for the Lone Pine Caf as of November 2, 2009.

INFORMATION GIVEN :
November 1, 2009 :
- Each of the three partners contributed $16.000 cash
- Monthly rent of the caf $ .500 (signed a one year lease)
- Borrowed $21.000 from a local bank
- Paid $53.200 for Equipment
- Paid $2.800 for Food & Beverages
- Paid $1.428 for local operation license, good for one year beginning
November 1
- Paid $1.400 for a new cash register
- The reminder of the $69.000 was deposited in a checking account

ANSWER :
(JOURNAL)
Journal
Date Account Title & Description Dr Cr
November 1, $
Cash
2009 48,000
$
Owner's Equity
48,000

$
Cash
21,000
$
Account Payable
21,000

$
Equipment
53,200
$
Cash
53,200

$
Supplies
2,800
$
Cash
2,800

$
Equipment
1,400
$
Cash
1,400
 Deposited $ 69,000 in
checking account
(no transaction)

(GENERAL LEDGER)
ASSETS LIABILITIES EQUITY

Cash Account Payable Owners Equity

$ $ $ 21,000 $
48,000 53,200 $ 21,000 48,000
$ $ $
21,000 2,800 48,000
$
1,400
$
1,428
$
10,172

Equipment
$
53,200
$
1,400
$
54,600

Supplies
$
2,800
$
2,800

Prepaid Expense
$
1,428
$
1,428
(BALANCE SHEET)
LONE PINE CAF
Balance Sheet
As of November 2, 2009
ASSETS LIABILITES & OWNERS EQUITY
Current Assets Liabilities
$
Cash Account Payable $ 21,000
10,172
$
Supplies
2,800
$
Prepaid Expense
1,428
$ $
Total Current Assets Total Liabilities
14,400 21,000

Non Current Assets Equity

$
Equipment Owners Equity $ 48,000
54,600
Total Non Current $ $
Total Equity
Assets 54,600 48,000

$ Total Liabilites & $

Total Assets
69,000 Equity 69,000
QUESTION 2 :
Prepare a balance sheet as os March 30, 2010

ADDITIONAL INFORMATION GIVEN :

- On March 31, 2010, Mrs. Antoine discovered that Mr. Antoine and Mrs.
Landers had dissapeared.
- Cash in cash register was $311
- Checking account balance $1.030
- A/R Revenue from ski instructor $870
- Owed Suppliers $1.583
- Depreciation on the asset $2.445
- Supplies on hand estimated to be worth $2.430
- Clothes left by Mr. Antoine was estimated to be worth $750
- Repaid $2.100 of the bank loan

ANSWER :
(BALANCE SHEET)
LONE PINE CAF
Balance Sheet
As of March 30, 2010
 ASSETS LIABILITES & OWNERS EQUITY
Current Assets Liabilities
$ $
Cash Account Payable
1,341 18,900
$ $
Supplies Suppliers Payable
2,430 1,583
$
Prepaid Expense
833
$
Account Receiveable
870
$ $
Total Current Assets Total Liabilities
5,474 20,483

Non Current Assets Equity

$ $
Equipment Owners Equity
54,600 48,000
$ Less: Owners Equity $
Less: Acc. Depreciation
(2,445) Withdrawal (10,854)
Total Non Current $ $
Total Equity
Assets 52,155 37,146

$ $
Total Assets Total Liabilites & Equity
57,629 57,629