Question

question 2 of 7
what special journal is used to record all transactions involving the outflow of cash?
select an answer from the options below.
a cash journal
b cash disbursements journal
c cash outflow journal
d accounts payable journal

Explanation:

• Cash Journal: Records both cash inflows and outflows.
• Cash Disbursements Journal: Specifically for cash outflows.
• Cash Outflow Journal: Not a standard special journal name.
• Accounts Payable Journal: Records credit purchases, not cash outflows.

Answer:

B. Cash Disbursements Journal