Cash Disbursements Journal Analysis: January 2019, Intermaweb Computer

This assignment presents a detailed cash disbursements journal for Intermaweb Computer, covering the period from January 1st to January 31st, 2019. The journal meticulously records all cash outflows, including payments for office supplies, equipment, accounts payable (JCN Electrical, Moon Megasystems), rent, salaries (Robin Chadwick, Mohammad Fahad), electricity, phone bills, bank charges, and interest on a bank loan. Each transaction is itemized with its corresponding account numbers, account names, debits, credits, and job numbers. The journal includes GST paid and PAYG withholding payable, providing a comprehensive overview of the company's financial transactions for the month. The grand total of disbursements for the month amounts to $52,365.00. This journal is a practical example of how financial transactions are recorded and managed in accounting.