Apple Blossom Cologne Company FK

PPE - Top Schedule 1-31-04

12-31-03 FK
Working Per Per Per
Account Paper Audit Book Adjustment Reclassification Audit
Reference 12-31-02 12-31-03 Debit Credit Debit Credit 12-31-03
Land F-1 82,250 82,250 82,250
Buildings F-1 276,263 276,263 276,263
Accum. depn.- buildings F-1, 4 - 65,416 - 74,625 - 74,625
Machinery and equipment F-1, 2, 3 540,845 1,006,045 6,250 1,012,295
Accum. depn.- mach.& equip. F-1. 4 - 160,866 - 189,848 156 2,190 - 187,502
Automotive equipment F-1 99,425 99,425 99,425
Accum. depn.- auto. equip. F-1. 4 - 52,798 - 77,654 - 77,654
Office furniture & fixtures F-1, 2 106,433 114,833 114,833
Accum. depn.- off. furn.& fix. F-1. 4 - 37,581 - 43,113 - 43,113
Leased equipment F-1, 6 74,800 74,800
Accum. depn.- leased equip. F-1, 5 3,740 - 3,740

Berdasarkan studi internal kontrol dan hasil audit terkait dengan akun PPE,
maka menurut auditor penyajian akun PPE sudah sesuai dengan PSAK terkait
 Apple Blossom Cologne Company
Property, Plant, and Equipment
12-31-03
Asset cost Depreciation
Asset description Beg. Bal. Additions Disposals End. Bal. Rate-Method
Land 82,250 ! 82,250 %
Buildings 276,263 ! 276,263 % 3 1/3% S.L. (30 years)
Machinery and Equipment 540,845 ! 504,800 @ 39,600 $ 1,006,045 % 5% S.L. (20 years)
Automotive 99,425 ! 99,425 % 25% S.L. (4 years)
Office Furniture 106,433 ! 8,400 £ 114,833 % 5% S.L. (20 years)
Per book 1,105,216 ^ 513,200 ^ 39,600 ^ 1,578,816 %^
RJE 3: Capitalize voucher 8-21 & 8-30 6,250 *
AJE 12: Leased Equipment 74,800 +
AJE 13: Depr. For machine addition
RJE 4: Depr. for machine disposal
Per Audit 1,105,216 ^ 594,250 ^ 39,600 ^ 1,659,866 %

! Sesuai dengan saldo akhir klien tahun 2002 FK

@ Sesuai dengan voucher 5-40; 8-19; dan 8-30 serta cocok dengan skedul F-2 FK
£ Sesuai dengan voucher 12-10 serta cocok dengan skedul F-2 FK
$ Sesuai dengan voucher 8-32 serta cocok dengan skedul F-3 FK
% Cross-footed FK
^ Footed FK
& Rekalkulasi FK (Lihat cellnya ada rumusnya, intinya kalo yang beginning full setahun kalo yang addition/disposal selalu dibagi 2)
* Hasil penelusuran voucher 8-21 dan 9-12 yang salah pengklasifikasian dan rekalkulasi atas beban depresiasi tambahan maka diajukan RJE 3 FK
66 = 2.650 / 20 / 2
= Hasil penelusuran skedul F-4 dan ditemukan kesalahan depresiasi disposal machinery & equipment maka diajukan RJE 4 FK
+ Bedasarkan analis kontrak leasing dengan Fixor Leasing Corporation dan tidak ditemukan pencatatan maka diajukan AJE 12 FK (Skedul F-6)
# Bedasarkan analis tambahan jenis aset tetap machinery & equipment ditemukan kesalahan maka diajukan AJE 13 FK
 F-1
1-31-04
FK
Accumulated Depreciation
Beg Bal. Additions Disposals End. Bal
-
65,416 ! 9,209 & 74,625 %
160,866 ! 39,872 & 200,738 %
52,798 ! 24,856 & 77,654 %
37,581 ! 5,532 & 43,113 %
316,661 ^ 79,469 ^ - 396,130 ^%
156 *&
3,740 +&
- 210 #
- 990 = 990 =
316,661 ^ 82,165 ^ 990 ^ 397,836 %

F-3 TEMPEL
1-31-04 SAMPING
FK F3
Proceeds Gain (Loss) on
Disposal
12,450 @ - 15,270 $

- 15,270 %
 Apple Blossom Cologne Company F-2
Addition to Property, Plant, and Equipment 1-31-04
12-31-03 FK
Vo. No. Vendor Item description Cost
3-25 Slack Equipment Two Slark G720 forklift 23,200 !
Michigan City, IN tractors @ $ 11,600

8-19 Simon-Weller Manu. Co. One Simon-Weller pneumatic 210,000 !

Gary, IN packing machine

8-30 Meyers belts & Conveyors Complete conveyor system 271,600 !

Chicago, IL for loading trucks on
shipping dock

12-10 Hart-Murphy Office One Zorex office photocopy 8,400 !

Outfitters machines
Chicago, IL
Balance per Book 513,200 @
RJE 3: Capitalize voucher 8-21 & 9-12 6,250 £
AJE 12: Leased Equipment 74,800 $
Balancer per audit 594,250 @

RJE 3
Machinery and Equipment 6,250
Repairs and maintenance 6,250

! Sesuai dengan skedul F-2 yang telah disiapkan klien FK

@ Footed FK
£ Hasil penelusuran voucher 8-21 dan 8-30 yang salah pengklasifikasian dan rekalkulasi atas beban depresiasi tambahan maka diajukan RJE 3 FK
$ Bedasarkan analis kontrak leasing dengan Fixor Leasing Corporation dan tidak ditemukan pencatatan maka diajukan AJE 12 FK (Skedul F-6)
 Apple Blossom Cologne Company
Retirement to Property, Plant, and Equipment
12-31-03
Journal Asset Description Date Date Depreciation Cost Accum. Book
Vo. No. Acquired Sold Rate-Method Deprec. Value
8-32 Machinery and equipment 5/20/1997 ! 8/20/2003 @ 5% S.L. 39,600 ! 11,880 £ 27,720 $
3-ton heavy duty ceiling hoist
Balance per Book (Audit) 39,600 % 11,880 % 27,720 %

! Telah sesuai dengan voucher pembelian terkait FK

@ Telah sesuai dengan voucher 8-32 FK
£ Rekalkulasi (39.600 / 20 / 2) + (39.600 / 20 x 5) + (39.600 / 20 / 2) FK
$ Cross-footed FK
% Footed FK
 Apple Blossom Cologne Company F-4
Depreciation Computation 1-31-04
12-31-03 FK
2003
Deprec.
Asset Amount Rate Provision Total
BUILDINGS
Hold full year 276,263 ! 3.33% % 9,209 ^
Additions - -
Retirements - - 9,209 &
MACH & EQUIPMENT
Hold full year 540,845 ! 5.00% % 27,042 ^
Additions 513,200 @ 2.50% % 12,830 ^
Retirements 39,600 £ 2.50% % 990 ^ 40,862 &
AUTOMOTIVE
Hold full year 99,425 ! 25.00% % 24,856 ^
Additions - -
Retirements - - 24,856 &
OFFICE FURN & FIXTURES
Hold full year 106,433 ! 5.00% % 5,322 ^
Additions 8,400 $ 2.50% % 210 ^
Retirements - - 5,532 &
Balance per Book 80,459 & 80,459 &
RJE 3: Capitalize voucher 8-21 & 8-30 6,250 * 2.50% % 156 *
AJE 12: Leased Equipment 74,800 + 5.00% % 3,740 +
AJE 13: Depr. for machine addition - 8,400 # 2.50% % - 210 #
RJE 4: Depr. for machine disposal - 1,980 = 1,706
Balance per audit 82,165 & 82,165 &
 RJE 3
Depreciat 156
Accum. Depr. Machinery a 156

AJE 12
Depreciat 3,740
Accum. Depr. Leased Equi 3,740

AJE 13
Accum. D 210
Depreciation expense 210

RJE 4
Accum. D 1,980
Depreciation expense 1,980

! Rekalkulasi selisih saldo awal dengan penjualan aset tetap FK

@ Sesuai dengan voucher 5-40; 8-19; dan 8-30 serta cocok dengan skedul F-2 FK
£ Sesuai dengan voucher 8-32 serta cocok dengan skedul F-3 FK
$ Sesuai dengan voucher 12-10 serta cocok dengan skedul F-2 FK
% Sesuai dengan kebijakan klien terkait umur aset tetap FK
^ Rekalkulasi FK
& Footed FK
* Hasil penelusuran voucher 8-21 dan 8-30 yang salah pengklasifikasian dan rekalkulasi atas beban depresiasi tambahan maka diajukan RJE 3 FK
+ Bedasarkan analis kontrak leasing dengan Fixor Leasing Corporation dan tidak ditemukan pencatatan maka diajukan AJE 12 FK (Skedul F-6)
# Bedasarkan analis tambahan jenis aset tetap machinery & equipment ditemukan kesalahan maka diajukan AJE 13 FK
= Hasil penelusuran skedul F-4 dan ditemukan kesalahan depresiasi disposal machinery & equipment maka diajukan RJE 4 FK
 Apple Blossom Cologne Company F-5
Repairs and Maintenance Account 1-31-04
12-31-03 FK

2-18 Thompson Industrial Repair parts for overhead retrieval 3,190 !

Chicago, IL system

8-25 Stark Equipment Repair to forklift tractors 1,800 !

Michigan City, IN

8-21 Simon-Weller Manu. Installation of Simon-Weller 2,650 !

Gary, IN packing machine

9-12 Kapel and Kapel Rearrange machinery in plant for 3,600 !

Barrington, IL new conveyor system

12-01Alex Mc.Bane Heat. Annual servicing of 650 !

& Air Cond. furnace & heating systems
Chicago, IL 11,890 @
Vouchers less than $500 not
listed. 2,350 £
Balance per book 14,240 @
RJE 3: Capitalize voucher 8-21 & 8-30 - 6,250 $
Balance per audit 7,990 @

! Telah sesuai dengan voucher terkait masing-masing FK

@ Footed FK
£ Telah sesuai dengan total daftar voucher yang kurang dari $500 FK
$ Hasil penelusuran voucher 8-21 dan 9-12 yang salah pengklasifikasian dan rekalkulasi atas beban depresiasi tambahan maka diajukan RJE 3 FK
 Apple Blossom Cologne Company F-6
Lease Agreement 1-31-04
12-31-03 FK
Leesor Beg. Bal. Additional Disposal Amortization End. Bal.
Fizor - 74,800 ! ^ - 2,237 £ 72,564 $
Balance per audit - 74,800 @ - 2,237 @ 72,564 @
Balance per book - - - - -
AJE 13: Leased Equipment 74,800 % 2,237 % 72,564 $

Annual lease Interest on Reduction of Lease

Date
payment Lease payable lease payable payable
7/1/2003 - - - 74,800 ! ^
7/1/2004 12,701 ^ 8,228 & 4,473 @ 70,327 @

AJE 12
Leased equipment 74,800
Lease obligation - short term 12,701
Lease obligation - long term 62,099
Interest expenses 4,114
Accrued interest 4,114

! Rekalkulasi 12.701 x (1 - (1 / ((1 + 0,11)^10)) / 0,11 FK

@ Footed FK
£ Sesuai dengan penururan lease payable 6 bulan pertama FK
$ Cross-footed FK
% Bedasarkan analis kontrak leasing dengan Fixor Leasing Corporation dan tidak ditemukan pencatatan maka diajukan AJE 12 FK
^ Telah sesuai dengan kontrak leasing terkait FK
& Rekalkulasi 74.800 x 11% FK