Journal Book

Date Amount (€) Element Element

7/15/2020 15000 Bank (А↑) Capital (E↑)
7/15/2020 2000 Rent (Exp) Bank (А↓)
7/15/2020 4000 Sec. Deposit (А↓) Bank (А↓)
7/16/2020 1500 Computer equip (А↑) Bank (А↓)
Accounts Payable (L↑)
7/20/2020 400 Advanced payment (А↑) Bank (А↓)
7/25/2020 10000 Bank (А↑) Sales (Rev.)
8/15/2020 1300 Gross Salary (Exp.) Bank (А↓)
150 Sec. Company (Exp.) Income Tax (L↑)
Prepaid Salary (А↓)
Social Security
8/16/2020 250 Utilities (Exp.) Bank (А↓)
8/17/2020 750 Accounts Payable (L↓) Bank (А↓)

Bank Comp. equip.

15000 750 1500
10000 200
2000
1400
250
250
4000
1300
 Rent
2000

Salary
1300 Utilities
250

Social security expense

150
 Element Amount (€)
Capital (E↑) 15000
Bank (А↓) 2000
Bank (А↓) 4000
Bank (А↓) 750
Accounts Payable (L↑) 750 Assets
Bank (А↓) 400 Permanent assets
Sales (Rev.) 10000 1500 Comp. equip
Bank (А↓) 600 4000 Security deposit
Income Tax (L↑) 200
Prepaid Salary (А↓) 400 Non - Permanent assets
Social Security 250 16250 Bank
Bank (А↓) 250
Bank (А↓) 750 21750 Total

Song-Song-Blue Ltd

Social security
250

Account payable
750

Taxes
200
 Assets Equity + Liability

Expenses Revenues

Sales
10000

Utilities
 Balance Sheet

Assets Equity + Liab.

Permanent assets Capital 15000
Comp. equip
Security deposit Profit of the year 6300

on - Permanent assets L/t liabilities 0

Bank s/t liabilities 250
Security 200
Total Total 21750

Ledger Book P&L Ac

OP Revenues (SALES)
Capital OP Expenses
15000
OP RESULT (1)

Result before taxes (1-2):

 P&L Account

10000 Fin. Revenues

3700 FIN. Expenses

6300 FIN RESULT (2) -

6300