Demo company
Download PDF pack

Journal entries

September 2026. A summary entry to post, then each lease's entry with a link back to the schedule line it came from.

DownloadExcel workbookPDF of this reportFull PDF pack

Summary entry to post

34,657.40 each side
4 lease entries combinedDebits 34,657.40 = credits 34,657.40
AccountDebitCredit
Lease cost — operating19,902.92
Cash21,076.32
Lease liability — operating12,144.15
ROU asset — operating12,820.75
Interest expense — finance lease522.95
Amortization expense — ROU asset760.33
Accumulated amortization — ROU asset760.33
Lease liability — finance1,327.05

By lease

4 entries
Headquarters, Suite 200, period 9, Sep 1, 2026Trace to schedule line
AccountDebitCredit
Lease cost — operating5,000.80
Cash5,000.00
Lease liability — operating3,798.49
ROU asset — operating3,799.29
Distribution warehouse, Tempe, period 26, Sep 1, 2026Trace to schedule line
AccountDebitCredit
Lease cost — operating12,502.12
Cash11,826.32
Lease liability — operating6,509.72
ROU asset — operating7,185.52
Delivery trucks (4), period 18, Sep 1, 2026Trace to schedule line
AccountDebitCredit
Lease cost — operating2,400.00
Cash2,400.00
Lease liability — operating1,835.94
ROU asset — operating1,835.94
Forklifts, $1 buyout, period 11, Sep 1, 2026Trace to schedule line
AccountDebitCredit
Interest expense — finance lease522.95
Amortization expense — ROU asset760.33
Accumulated amortization — ROU asset760.33
Cash1,850.00
Lease liability — finance1,327.05
Help Center