👉 Disbursals are financial transactions that involve the transfer of money or assets from one person to another. They can be either direct or indirect, depending on how the funds are transferred. Disbursals may occur in various contexts, such as when a company pays off debts, transfers of capital between two companies, or payments made for goods and services. In financial accounting, disbursements are typically recorded in the accounts payable column of the income statement, while they can also be tracked using accr
