Want this question answered?
To record cash payment bill.
The cash disbursement journal is used as a record of any cash transactions that a company has made. This is essential in the operations of a business as one could look at the register to see what cash has been paid out.
check your answer
Debit Job accountCredit disbursement account
a cash payment journal is used to record only cash payment transactions where as the purchases journal is used to record ONLY purchases on account transactions
To record cash payment bill.
The cash disbursement journal is used as a record of any cash transactions that a company has made. This is essential in the operations of a business as one could look at the register to see what cash has been paid out.
check
check your answer
Debit Job accountCredit disbursement account
a cash payment journal is used to record only cash payment transactions where as the purchases journal is used to record ONLY purchases on account transactions
all cash received.
Purchases journal is used to record purchases on account while Cash payment journal is used to record purchases for cash and cash payments.
Purchase journal is used to record "Credit Purchases" for resale purpose like supplies from suppliers and hence no cash purchases are recorded as cash purchases are recorded in cash payment journal.
A taco supreme
What_is_a_cash_receipt_journalcash receipt journal is used to record money received by the business during calendar month as previously mentioned ,when money is received by the business for capital All cash payments made by the company.
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.