SaaS
Series A Equity Raise
Recording the cash and share issuance from a formal priced equity round led by a VC.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash in Bank | Asset (+) | 5,000,000.00 | - |
| Preferred Stock (Par Value) | Equity (+) | - | 50,000.00 |
| APIC — Preferred Stock | Equity (+) | - | 4,950,000.00 |
💡 Accountant's Note
Series A rounds typically issue preferred shares with liquidation preferences. Preferred stock is shown separately from common stock in the equity section of the balance sheet.
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