Artificial Intelligence Conference - Virtual-GeneralLedger

GeneralLedger

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Craig’s Design and Landscaping Services’ 2025 general ledger shows a small landscaping/design business with active receivables, multiple job-related expenses, and a mix of service and product sales.<br /><br />Key balances as of the report:<br />- Checking: 1,201.00<br />- Savings: 800.00<br />- Accounts Receivable: 5,281.52<br />- Undeposited Funds: 2,062.52<br />- Inventory Asset: 596.25<br />- Accounts Payable: 1,602.67<br />- Mastercard: 157.72<br /><br />Revenue came from several streams:<br />- Landscaping Services: 1,477.50<br />- Design income: 2,250.00<br />- Sales of Product Income: 912.75<br />- Services: 503.55<br />- Pest Control Services: 110.00<br /><br />Cost and expense highlights included:<br />- Cost of Goods Sold: 405.00<br />- Job Materials: 802.82<br />- Job Expenses: 957.89<br />- Legal & Professional Fees: 1,170.00<br />- Maintenance and Repair: 940.00<br />- Utilities: 331.39<br />- Automobile: 463.37<br />- Miscellaneous: 2,916.00<br /><br />The ledger shows numerous customer invoices, partial and full payments, deposits from undeposited funds into checking, and several inventory adjustments for items like rock fountains, pumps, sprinkler parts, and sod. There were also refunds and credit memos, including a refund to Pye’s Cakes for ineffective pest control. The business also recorded startup and opening balance equity entries, plus loan and notes payable balances of 4,000.00 and 25,000.00 respectively. Overall, the business appears to be growing through diverse services while carrying moderate payables and a substantial receivables balance.

Keywords

landscaping

design services

general ledger

accounts receivable

inventory adjustments

customer invoices

job expenses

service revenue

accounts payable

loan balances