INTRODUCTION TO ACCOUNTING AND BUSINESS ACCOUNTING

INTRODUCTION TO ACCOUNTING AND BUSINESS ACCOUNTING
Oleh Ibu Hari Setiyawati, SE. Ak. M.S (Wakil Dekan Fakultas Ekonomi)
Rabu, 11 Februari 2009

After studying this chapter, you should be able to:
1. Describe the nature of a business and the role of ethics and accounting in business
2. Summarize the development of accounting principles and relate them to practice
3. State the accounting equation and define each element of the equation
4. Describe and illustrate how business transaction can be recorder in terms of the resulting equation
5. Describe the financial statements of a proprietorship and explain how they interrelate
Describe the nature of a business and the role of ethics and accounting in business

Types of businesses
Service Business
Service
Plaza Indonesia Realty Tbk
Shopping Mall
Hotel Sahid Jaya TBK
Hospitality and lodging
Bank Mandiri Tbk
Financial services
Garuda Indonesia
Transportation
Indosat Tbk
Telecommunication

Merchandising Business
Product
Matahari Putra Primata Tbk
Clothes and apparel
Hero Supermarket Tbk
Food and groceries
Toko Gunung Agung Tbk
Book and stationeries
Ace Hardware Indonesia Tbk
Consumer electronics
Alfa Retailindo Tbk
Consumer Goods
Sepatu Bata Tbk
Shoes
Mustikaratu Tbk
Cosmetics
Gudang Garam Tbk
Cigarettes
Mayora Indah Tbk
Food and beverages
Kalbe Farma Tbk
Pharamaceutical

Common Forms Of Business Organization Objective
Proprietorship
A proprietorship (perusahaan perseorangan) is owned by one individual and
· Most of Business entities in Indonesia is proprietorship
· Cost of organizing is low
· Is limited to financial resources of the owner
· Is used by small businesses

Proprietorship

A proprietorship is similar to a proprietorship except that it is owned by two or more individuals and
· In Indonesia we know firma and CV as two types of partnership. Firma and CV will b discussed more in chapter 12
· Combines the skills and resources of more than one person

Corporation
A Corporation is organized under government statues as a separate legal taxable antity
And
· Includes ownership divided into shares of stock, sold to shareholders (stockholders)
· Is able to obtain large amounts of resources by issuing stockIs used by large businesses

TULISAN YANG BERHUBUNGAN DENGAN KATEGORI: