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What is an disbursement check?

Updated: 9/21/2023
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Q: What is an disbursement check?
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What is the Definition of check disbursement?

A check disbursement is a check written on a specific account to pay for something else. For example, a check written from your savings account to pay for your electric bill.


What is Dividend Disbursement?

Dividend Disbursement


What is disbursement cycle?

when it comes to managing the disbursement cycle, the objective is to: Shorten the Disbursement cycle Lengthen the disbursement cycle Equalize disbursements with receipts Borrow for all disbursements


What is the definition of cash disbursement?

CASH DISBURSEMENT: A payment of money or simply a payment. Usually, the writing of a check to pay for an item previously obligated to be paid, such as loan payment, salary payment or accounts receivable payment.


Hutton Company uses a sales journal a purchases journal a cash receipts journal a cash disbursement?

check


How did Hutton Company uses a sales journal a purchases journal a cash receipts journal a cash disbursement?

check your answer


What is disbursement in accounting?

Disbursement relates to money paid out for goods or services.


What is the difference between disbursement and reimbursement?

The difference between disbursement and reimbursement is that with reimbursement a person is getting back every cent they paid in. Disbursement is a set amount or percentage of money paid in.


Journal entry on disbursement for specific job?

Debit Job accountCredit disbursement account


What is the definition of the word disbursement?

The word disbursement means to spread out or to dole out. An example would be "The disbursement of the food was fair to everyone in the crowd, and no one left hungry.".


Which of the following is a TRUE statement about electronic funds transfer (EFT) and split disbursement?

EFT is mandatory; split disbursement must be offered as an option.


What is surplus disbursement?

Good question. I just got a $5,000 dollar check in the mail and not sure if I should cash it. Its titled as a "surplus disbursement". The problem is its coming from my home mortgage company. Why would they have extra money? wouldn't any extra just be applied to the principle?