It depends which side of the equation you're on: someone making money from copyright, or someone paying for a license.
journal entries can be undone by reversing the original entries by credit the debit account and debit the credit account.
Debit Cash Credit Sales
Parent company journal entry Debit cash | Credit accounts payable - rent Holding company journal entry Debit accounts receivable - rent | Credit cash
[Debit] Cash [Credit] Donation
When recording a debit entry into a journal you must always list the debit first. The credit needs to be second and should always be indented.
Debit Expense Credit Bank
[Debit] Cash [Credit] Donations
debit cash credit bank
[Debit] Dividend [Credit] Cash
You record he credit entry for transaction (a) 5/1 in the journal as
Accounting: A journal entry that has more than one debit or credit value
[Debit] Tax paid [Credit] Cash / bank