DISBURSE/DISBURSEMENT Definition

Bookmark and Share

DISBURSE/DISBURSEMENT is the paying out of money to satisfy a debt or an expense.

Learn new Accounting Terms

CREDIT RECORD (CR) is an entry in a double-entry bookkeeping system recording an increase in a liability; an owners equity item or revenue; or a decrease in an asset or an expense. Credit entries are conventionally made on the right-hand side of T accounts.

ABC see ACTIVITY BASED COSTING.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.