Journal Entry Samples

What is a Journal Entry?

A journal entry is first step in the accounting cycle. It records business transactions using the double-entry bookkeeping system. Every transaction affects at least two accounts — one debit and one credit and for must always balance.

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Journal Entry Sample

Capital Introduced By Owner in Business Journal Entry

Date	Account Title	Debit ($)	Credit ($)
Jan 1, 2025	Cash	10,000
	Capital		10,000
record capital introduced by owner.

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Purchased of Office Equipment in Cash Journal Entry

Date	Account Title	Debit ($)	Credit ($)
Jan 5, 2025	Office Equipment	2,500
	Cash		2,500
Record purchase of office equipment in cash.

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Rent Payment Through Bank Journal Entry

Date	Account Title	Debit ($)	Credit ($)
Jan 10, 2025	Rent Expense	1,200
	Bank		1,200
Record rent payment for January.

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Credit Sales Made Journal Entry

Date	Account Title	Debit ($)	Credit ($)
Jan 12, 2025	Accounts Receivable	3,000
	Sales Revenue		3,000
Record credit sales made to customer.

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Salary Paid to Staff In Cah Journal Entry

Date	Account Title	Debit ($)	Credit ($)
Jan 20, 2025	Salaries Expense	2,000
	Cash		2,000
Record salary paid to staff.

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Purchase of Goods on Credit Journal Entry

Date	Account Title	Debit ($)	Credit ($)
Apr 1, 2025	Purchase A/c	7,000
	Accounts Payable		7,000

Return of Goods to Supplier Journal Entry

Date	Account Title	Debit ($)	Credit ($)
Apr 5, 2025	Accounts Payable	1,000
	Purchase		1,000

Full Payment Made to Supplier Journal Entry

Date	Account Title	Debit ($)	Credit ($)
Apr 10, 2025	Accounts Payable	6,000
	Cash		6,000

Cash Discount Received from Supplier Journal Entry

Date	Account Title	Debit ($)	Credit ($)
Apr 12, 2025	Accounts Payable	2,000
	Cash		1,950
	Discount Received		50

Purchase Including Freight Charges Journal Entry

Date	Account Title	Debit ($)	Credit ($)
Apr 15, 2025	Purchase	4,500
	Freight Inward	200
	Accounts Payable		4,700