Question

the cash disbursements journal is used to record

the cash disbursements journal is used to record


Homework Answers

Answer #1

Answer: this is used for cash payments in order to record cash outflows.

Few examples of cash payments are purchase materials, labor payments, utility expenses, purchase of machinery in cash, etc.

The feature of cash payment is the credit to cash.

Suppose utility expense of $3,000 is paid.

Journal

Date

Account titles and explanation

Ref.

Debit

Credit

Utility expenses

$3,000

       Cash

$3,000

To record cash outflow in respect of the payment of utility expenses.

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