QQuestionAccounting
QuestionAccounting
Which of the following is an example of a cash disbursement?
A. $30 in cash received for a service rendered
B. A $200 cash payment for a product delivered
C. A $500 cash payment on accounts receivable
D. A check for $10 received for a service rendered
5 months agoReport content
Answer
Full Solution Locked
Sign in to view the complete step-by-step solution and unlock all study resources.
Step 1I'll solve this accounting problem step by step:
Step 2: Understand Cash Disbursement
A cash disbursement is a payment made in cash or cash equivalent (like a check) to settle an expense, purchase, or obligation. It represents money going out of a business.
Final Answer
A 200 cash payment for a product delivered is an example of a cash disbursement.
Need Help with Homework?
Stuck on a difficult problem? We've got you covered:
- Post your question or upload an image
- Get instant step-by-step solutions
- Learn from our AI and community of students