he company started August w/ cash of P320,000 receivable of P77,000 and equipment of P500,000 . Total liabilities amount to P90,300. How much is the total of all transactions metioned in the capital of the company from beginning balance to ending balance?   The following transactions were dealt with by Daria Company for the month of August: * Purchase of supplies worth P18,000 paid In cash * Rendered services to customer in which payment is yet to be received P20,000 * Paid salaries of P10,000

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Cash Book

So, before coming to the topic of cash books, I will let you briefly explain about the cash so that you all can be familiar with the word cash. Cash comes under the category of the current asset which is used as a medium of exchange for all the financial transactions in the firm. Cash is something that is universally accepted as a mode of payment. So, now comes to the topic i.e., cash book.