Journal entries
Every posting to the ledger, in double entry. Debits must equal credits.
| Account | Debit | Credit |
|---|---|---|
| 1100 Accounts receivable | $4,280.00 | — |
| 4000 Service revenue | — | $3,953.81 |
| 2100 Sales tax payable | — | $326.19 |
| Balanced | $4,280.00 | $4,280.00 |
| Account | Debit | Credit |
|---|---|---|
| 6200 Software subscriptions | $2,450.00 | — |
| 2000 Accounts payable | — | $2,450.00 |
| Balanced | $2,450.00 | $2,450.00 |
| Account | Debit | Credit |
|---|---|---|
| 1000 Cash at bank | $8,900.00 | — |
| 1100 Accounts receivable | — | $8,900.00 |
| Balanced | $8,900.00 | $8,900.00 |
| Account | Debit | Credit |
|---|---|---|
| 6400 Depreciation | $1,950.00 | — |
| 1510 Accumulated depreciation | — | $1,950.00 |
| Balanced | $1,950.00 | $1,950.00 |