Bamboe is a vintage caf whose target customer is people who wanted to feel nostalgic...
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Accounting
Bamboe is a vintage caf whose target customer is people who wanted to feel nostalgic atmosphere. To enhance its nostalgic atmosphere, Bamboe sells set of traditional games of congklak which is supplied by a craftsman using consignment system. On February 1, Bamboe received 5 sets of congklak from the craftsman. Bamboe would sell a set of congklak for Rp 350.000 to customers. For every set of congklak sold, Bamboe would pay Rp 300.000 to the craftsman at the end of the month.
Prepare Journal Entry for Bamboe
February 1: Bamboe received 5 sets of congklak from the craftsman.
February 5: Bamboe sold 2 sets of congklak to customers.
February 25: Bamboe sold 1 sets of congklak to customers.
February 28: Bamboe reported sales to craftsman and paid for sales of 3 sets of congklak.
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