Cash Disbursements Journal for The Digital Village, Jan 2019

This assignment presents a cash disbursements journal for The Digital Village, covering the period from January 1st to January 31st, 2019. The journal details various financial transactions, including payments for equipment, office supplies, accounts payable, prepaid rent, salaries, electricity, telephone, interest expense, and bank charges. Each entry includes an identification number, account numbers, account names, debit and credit amounts, and job numbers. The journal showcases the flow of cash and its allocation across different expense and asset categories, providing a snapshot of the company's financial activities during the specified period. The document meticulously records transactions, highlighting the use of cheque accounts, and the distribution of funds to different vendors and expense types. The journal also includes GST (Goods and Services Tax) entries, and PAYG Withholding Payable, illustrating the various aspects of financial record-keeping. The grand total of debits and credits are also provided, ensuring the balance of the journal.