In a typical cash disbursements journal,you would expect to see the following columns:
A)Accounts payable dr.
B)Sales discounts dr.
C)Accounts receivable dr.
D)Inventory dr.(if perpetual method used).
E)Cost of Goods Sold dr.(if perpetual method used).

Question

Quizplus · Accepted Answer

The cash disbursements journal typically includes a column for Accounts Payable debit, as it records payments made to creditors, reducing the accounts payable balance.

In a Typical Cash Disbursements Journal,you Would Expect to See