SUBSTANSI KOMERSIAL

Contoh soal pertukaran aset

Arruza Company menukar peralatannya ditambah kas $3,000 dengan peralatan yang sama yang digunakan oleh LoBianco Company. lnformasi di bawah ini adalah yang terkait pertukaran. Siapkan jurnal pertukaran untuk kedua perusahaan.

Arruza LaBianco

Equipment (cost) $28,000 $28,000

Accum. Deprc. 19,000 10,000

Fair Value Equipment 15,500 12,500

Cash Given up 3,000

Solusi: Memiliki Substansi Komersial

Arruza

Equipment-New $12,500

Cash 3,000

Accumulated Depreciation 19,000

Equipment $28,000

Gain on Exchange 6,500

LaBianco

Equipment-New $15,500

Accumulated Depreciation 10,000

Loss on exchange 6,500

Equipment $28,000

Cash 3,000

Solusi:Tanpa SubstansiKomersial

Arruza

Equipment-New (12,500-5,452) $7,258

Cash 3,000

Accumulated Depreciation 19,000

Equipment $28,000

Gain on exchange 1,258

(Cash received : (Cash received+FMV of assets received)) x Total gain = Recognized gain

(3,000 : (3,000+12,500)) x 6,500 = $1,258

Deferred gain = 6,500 - 1,258 = $5,242

Misalnya tidak terdapat data mengenai fair value barang dari LoBianco, maka jurnalnya:

Equipment-New $15,500

Cash 3,000

Accumulated Depreciation 19,000

Equipment $28,000

Gain on Exchange 9,500

LaBianco:

(tidak berubah, karena loss harus segera diakui baik pertukaran menggunakan substansi komersial atau tidak)

Equipment-New $15,500

Accumulated Depreciation 10,000

Loss on exchange 5,500

Equipment $28,000

Cash 3,000