 |
Cash Disbursements Journal
Michael Sack Elmaleh, C.P.A., C.V.A.
A cash disbursements journal is designed to capture all the important elements of each cash disbursement. Below is an example of a cash disbursements journal. The first column indicates the date of the payment. The second column indicates the check number issued. The third column indicates the party who received the payment (usually called the payee). The fourth column indicates the amount of the disbursement. Columns five through fourteen represent account categories. Placing the amount of the payment in a specific account category column indicates
the nature of the transaction. For example, the first check in the
journal, written to La La Land Realty, is clearly for office rent
because the amount of the payment is placed in that column.
|
|
If You Like This Web Site,
You Will Love The Book.Only $9.95 plus shipping