CASH DISBURSEMENT Definition

Bookmark and Share

CASH DISBURSEMENT see DISBURSE/DISBURSEMENT.

Learn new Accounting Terms

PROCEEDS, generally in business, is the total amount brought in, e.g. the proceeds of a sale. In insurance, it is the net amount received (as for a check or from an insurance settlement) after deduction of any discount or charges.

ACCOUNTING is primarily a system of measurement and reporting of economic events based upon the accounting equation for the purpose of decision making. Generally, when someone says "accounting" they are referring to the department, activity or individuals involved in the application of the accounting equation.

Suggest a Term

Enter Search Term

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