Suppose your company sells services of $200 in exchange for $145 cash and $55 on account. Depreciation of $75 relating to equipment also is recorded. Required: 1. Prepare the journal entries to record these transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet A B Record the service revenue of $145 for cash and $55 on account. Note: Enter debits before credits. Transaction General Journal. Debit Credit