What is the total value of cash in the above transactions?

Engr. Muhammad Obaidul Haque    26 Jun, 2024 10:55:17 PM    1    139

Best Answer: Here is the total calculation of cash:

All Cash Transactions and balances:

Actual Cash = 4,50,000
Salaries payable = 32,000
Company’s car lease = 1,00,000
Office rent = 25,000
CCTV purchase = 20,000
Accounts payable = 30,000
Petty cash = 10,000
Petty cash replenished = 7,000 + 2000
Balance petty cash = 1000
Salaries paid = 30,000
Accounts receivable = 60,000
Ad and marketing expense = 6,000
Utility expense = 5,000
Dividend paid = 15,000
Hence as per the nature, here is the actual calculation of cash:

4,50,000 – 32,000 – 1,00,000 – 25,000 – 20,000 – 30,000 – (10,000 – 1,000) – 1,000 + 60,000 – 5,000 – 15,000 = 2,73,000

Engr. Muhammad Obaidul Haque    26 Jun, 2024 10:55:17 PM

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