Alexandra Twin has 15+ years of experience as an editor and writer, covering financial news for public and private companies. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society ...
Before we dive into the term, we must define 'disbursement.' Disbursement is the transfer of cash or a cash equivalent to settle a company's expenses or pay for services received. The company makes ...
The word "disbursement" in accounting means to send out. A cash disbursement is a payment that might be made using currency but could be made in other forms of immediate payment, such as a check, ...
Governments and districts collect taxes on a number of different activities and levels. Businesses and individuals pay income taxes and property taxes, sometimes to more than one agency. Sales tax, ...