When preparing the cash disbursement journals, it is important that the records have the actual date of cash disbursement, as is shown on the check.

Question

Quizplus · Accepted Answer

It is important to accurately record the date of cash disbursement in order to properly track cash flow and ensure accurate financial statements. The date on the check is the actual date of disbursement and should be used in the cash disbursement journal.

When Preparing the Cash Disbursement Journals, It Is Important That