Andrea Apple opened Apple Photography on January 1 of the current year. During January, the following transactions occurred and were recorded in the company's books: Andrea invested $15,100 cash in the business in exchange for common stock. Andrea contributed $36,000 of photography equipment to the business. The company paid $3,700 cash for an insurance policy covering the next 24 months. The company received $7,300 cash for services provided during January. The company purchased $7,800 of office equipment on credit. The company provided $4,350 of services to customers on account. The company paid cash of $3,100 for monthly rent. The company paid $4,700 on the office equipment purchased in transaction #5 above. Paid $435 cash for January utilities. Based on this information, the balance in the cash account at the end of January would be:

Cash Book can be used to get cash balance of a firm for at the end of an accounting period, with cash receipts debited 'to' & cash payments credited 'by' in Cash Book

Above Transactions Cash Book :

Debit (+) Credit (-)

To Capital 15100 By insurance 3700

To sales 7300 By rent 3100

By office equipment supplier 4700

By extra utilities 435

By balance carried down 10465

Andrea's contribution in form of 'photography equipments' ; Company purchasing office equipment on 'credit' ; Company providing services to customers on a/c i.e 'credit' : dont effect the cash in hand of firm & hence are not entered in cash book.
Creditor - Office equipment, supplier later paid partially effects the cash outflow & hence is recorded.

The balance left from adding all cash inflows, subtracting all cash outflows = $ 10465