Workspace demo

Chart of accountsFY2025 Q1
  • Assets$248,610
    • 1000Cash$52,860
    • 1200Accounts Receivable$41,750
    • 1400Prepaid Expenses$8,400
    • 1600Equipment$145,600
  • Liabilities$63,180
    • 2000Accounts Payable$22,180
    • 2100Accrued Payroll$18,000
    • 2400Deferred Revenue$23,000
  • Equity$185,430
    • 3000Common Stock$120,000
    • 3200Retained Earnings$65,430
  • Revenue$40,550
    • 4000Subscription Revenue$25,550
    • 4100Services$15,000
  • Expenses$29,390
    • 5000Cost of Goods Sold$3,200
    • 5100Software$890
    • 6100Payroll$18,000
    • 6200Rent$4,500
    • 6300Marketing$2,800
Date
Ref #
Account
Description
Debit
Credit
Balance
2025-01-02
JE-001
1000 - Cash
Opening balance
$50,000.00
$50,000.00
2025-01-05
JE-002
4000 - Revenue
Client payment - Acme Corp
$12,500.00
$62,500.00
2025-01-08
JE-003
5000 - COGS
Server hosting - AWS
$3,200.00
$59,300.00
2025-01-10
JE-004
6100 - Payroll
Jan payroll - engineering
$18,000.00
$41,300.00
2025-01-12
JE-005
4000 - Revenue
Subscription revenue - Q1
$8,750.00
$50,050.00
2025-01-15
JE-006
6200 - Rent
Office lease - January
$4,500.00
$45,550.00
2025-01-18
JE-007
2000 - AP
Vendor payment - DesignCo
$2,100.00
$43,450.00
2025-01-20
JE-008
4100 - Services
Consulting fee - Beta Inc
$15,000.00
$58,450.00
2025-01-22
JE-009
6300 - Marketing
Ad spend - Google Ads
$2,800.00
$55,650.00
2025-01-25
JE-010
1200 - AR
Invoice #1042 - Gamma LLC
$6,200.00
$49,450.00
2025-01-28
JE-011
5100 - Software
Figma + Linear licenses
$890.00
$48,560.00
2025-01-30
JE-012
4000 - Revenue
API usage fees - January
$4,300.00
$52,860.00
JE-012$4,300

API usage fees — January

Status
Posted
Date
2025-01-30
Account
4000 — Revenue
Period
FY2025 Q1
Prepared by
S. Chen
Approved by
M. Rivera
Attachments
2
Linesbalanced
  • 1000 — Cash$4,300DR
  • 4000 — Revenue$4,300CR
FY2025 Q1Synced