HI-FI WAY: Cash Disbursements Journal Analysis for January 2019

This assignment presents the cash disbursements journal for HI-FI WAY, covering the period from January 1, 2019, to January 31, 2019. The journal includes detailed entries for various transactions, such as payments to suppliers (Office Supplies Warehouse, JCN Electrical, Discount Office Supplies, Big Telco, Amy Wong Real Estate, Integer Energy, VOPSTRA, and ZNZ BANK), salary expenses for employees (Oliver Lee and Muhammad Azam Javed), and bank charges. Each transaction includes the date, account numbers, account names, debits, credits, and GST paid details. The journal provides a comprehensive overview of the company's cash outflows during the specified period, enabling a thorough analysis of its financial activities and expenditure patterns. The journal is a vital tool for tracking and managing the company's finances.

HI-FI WAY (MUHAMMAD AZAM JAVED)
581 BLACK BOULEVARD BRISBANE, QLD,4000 AUSTRALIA
Cash Disbursements Journal
1/1/2019 To 1/31/2019
10/23/2019
3:22:23 AM
Page 1
ID# Acct# Account Name Debit Credit Job No.
CD 1/2/2019 OFFICE SUPPLIES WAREHOUSE
4098 1-1110 Cheque Account $1,650.00
4098 1-3110 PROPERTY&EQUIPMENT at $1,500.00
4098 2-1330 GST Paid $150.00
CD 1/3/2019 JCN ELECTRICAL
4099 1-1110 Cheque Account $3,300.00
4099 2-1200 ACCOUNTS PAYABLE $3,300.00
CD 1/3/2019 DISCOUNT OFFICE SUPPLIES
4100 1-1110 Cheque Account $1,210.00
4100 1-1400 OFFICE SUPPLIES $1,100.00
4100 2-1330 GST Paid $110.00
CD 1/6/2019 BIG TELCO
4101 1-1110 Cheque Account $6,974.00
4101 2-1200 ACCOUNTS PAYABLE $6,974.00
CD 1/14/2019 BIG TELCO
4102 1-1110 Cheque Account $4,554.00
4102 2-1200 ACCOUNTS PAYABLE $4,554.00
CD 1/15/2019 AMY WONG REAL ESTATE
4103 1-1110 Cheque Account $6,600.00
4103 1-1500 PREPAID RENT $6,000.00
4103 2-1330 GST Paid $600.00
CD 1/28/2019 BIG TELCO
4104 1-1110 Cheque Account $4,983.00
4104 2-1200 ACCOUNTS PAYABLE $4,983.00
CD 1/31/2019 OLIVER LEE
4105 1-1110 Cheque Account $2,720.00
4105 6-1930 SALARIES EXPENSE $3,200.00
4105 2-1420 PAYG Withholding Payable $480.00
CD 1/31/2019 MUHAMMAD AZAM JAVED
4106 1-1110 Cheque Account $2,975.00
4106 6-1930 SALARIES EXPENSE $3,500.00
4106 2-1420 PAYG Withholding Payable $525.00
CD 1/31/2019 INTEGER ENERGY
4107 1-1110 Cheque Account $1,870.00
4107 6-2420 Electricity $1,700.00
4107 2-1330 GST Paid $170.00
CD 1/31/2019 VOPSTRA
4108 1-1110 Cheque Account $2,200.00
4108 6-2200 Telephone $2,000.00
4108 2-1330 GST Paid $200.00
CD 1/31/2019 ZNZ BANK
4109 1-1110 Cheque Account $205.00
4109 9-1000 Interest Expense $205.00
CD 1/31/2019 transaction fees
SC013119 1-1110 Cheque Account $15.00
SC013119 6-2500 BANK CHARGES $15.00

HI-FI WAY (MUHAMMAD AZAM JAVED)
Cash Disbursements Journal
1/1/2019 To 1/31/2019
10/23/2019
3:22:23 AM
Page 2
ID# Acct# Account Name Debit Credit Job No.
CD 1/31/2019 transaction fees
Grand Total: $40,261.00 $40,261.00