👉 In accounting and finance, a disbursement is an activity or process in which funds are transferred from one account to another. It can be in the form of cash transfers, transfers between accounts, or any other method that involves the transfer of money between entities. For example, if a company receives a payment from its supplier for goods purchased, it would typically disburse this amount through bank transfers or direct payments. In this case, the company is transferring funds to the supplier's account and receiving the payment
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What is the definition of Disbursements? 🙋
👉 In finance and accounting, a "disbursement" is an amount of money or funds that has been transferred from one account to another. This could be for expenses, loans, investments, or other financial transactions. Disbursements are often made in order to cover costs or obligations associated with a transaction, such as paying rent or salaries to employees. For example, if you were to make a disbursement of $500 to a customer for the purchase of a new laptop, this would be
