Cash disbursement journals are also known as:
A)sales journals.
B)purchases journals.
C)cash receipt journals.
D)cash payments journals.

Question

Quizplus · Accepted Answer

Cash disbursement journals are also known as cash payments journals as they record all the cash payments made by a company, including payments for expenses, purchases, and salaries. The other options, sales journals and purchases journals, are used to record sales and purchases transactions respectively. Cash receipt journals, on the other hand, record all the cash received by the company.

Cash Disbursement Journals Are Also Known As