Make journal entries,ledger and trial Balance also write balance brought down and balance carried down in ledgers and keep in mind that which entry is debited in journal it should be credited in ledger Sep. 1: Mathew, the owner, invested $ 57,500 cash and $ 32,500 of photography equipment in the business. 04: Paid $ 3,000 cash for an insurance policy covering the next 24 months. 07: Services are performed and clients are given some time to pay $ 10,000. 13: Purchased office supplies for $ 1,400. Cash paid $ 400 and remaining outstanding. 20: Received $ 2,000 cash in photography fees earned previously on Sep 07 24: The client immediately pays $ 15,000 for services performed. 29: The business acquires photography equipment. The purchase price is $ 100,000, pays $ 25,000 cash rest to be paid later on.