Debit Accounts Payable
Credit cash / bank
Debit common stockCredit redemption of common stock account
debit basketballcredit cash
debit assetcredit donations
Journal Entries are used to record accounting transactions. blady bastered............
debit installation chargescredit cash
debit giftcredit capital
Debit prepaid inventoryCredit cash / bank
The accounting journal entries to record a security deposit should be a separate entry titled security deposit. You should include the tenants name, and it should be considered a liability since you will have to return it at some point.
Debit salaries expenseCredit cash / bank
Debit fixed assetCredit cashcredit rebate
debit accounts receivablecredit sales revenue
debit income tax paidcredit cash