Accrual based income journal entry

 


Journal Entry Journal date Journal no. ACCOUNT # DEBITS CREDITS DESCRIPTION NAME 2 1 3 4 5 6 7 8 1,000,000.00 1,000,000.00 1,000,000.00 1,000,000.00 1,000,000.00 1,000,000.00 1,000,000.00 1,000,000.00 1,000,000.00 1,000,000.00 Design income Customer LLC Balance Sheet Company Name As of April 2, 2022 Accrual Basis Saturday, April 2, 2022 05:46 PM GMT+04:00 TO TAL ASSET S Current Assets Bank Accoun ts Accoun ts Rec eivabl e Other Curr ent Assets T otal C urrent Assets Fixed Assets T OTAL ASSE TS LIABILITIE S AND EQUITY Liabilities Current Liabilities Accou nts P ayabl e Credit Cards Other Current Liabilities Lo ng-Term Li abilities T otal L iabilities Equity T OTAL LI ABILITIES AN D E QUITY Company Name P rofit and L oss J an ua r y 1 -A pril 3, 2022 Income Desi g n in c ome Discounts given La n dsc a pi n g S ervices Job Mate r ials La b or Total Landscaping Services Pest Control S ervices Sales of Product Income Services Total Income Cost of Goods Sold GROSS PROFIT Expen s es NET OPERATING INCOME Other Expenses Miscel l a n eous T otal Other Expen s es NET OTHER INCOME NET INCOME TOTAL Accounts Receivable (A/R) 04/02/2022