As an example, if an organization purchased a $6-$user license for a software from a Software Service Company, on $1$st July

$2022,$ the perpetual license would cost $$45,000$ and the first year$$s maintenance service cost would be $$7,875$ Both values will be payable on the signing of the contract. The maintenance period begins on the contract date, which is $1$st July $2022.$

On $1$st January $2023,$ the customer decides to increase their system licences by $6$ to $8.$ The license cost for the additional system users is $$3,000.$ The annual maintenance applicable to the additional license would be pro$-$rated to $30$th June $2023$ being $$260\mathrm{.}34(181/365*$ $$525).$ Note the maintenance fee is $17\mathrm{.}5\%$ of the value.

Prepare journal entries for the transactions related to the contract from $1$st July $2022$ to $1$st January $2023($without including GST$).$