Cash Disbursement Journals

An accounting journal is the primary bookkeeping record in single-entry bookkeeping system and is often reffered to as the cash book, which is similar to a checking account register but allocates the income and expenses to various income and expense accounts. Separate account records are maintained for petty cash, accounts payable and receivable, and other relevant transactions such as inventory and travel expenses.

Simple bookkeeping for individuals, small business and families involves recording income, expenses and current balance in a cash record book or a checking account register.

A daybook is a descriptive and chronological record of day-to-day financial transactions or a book of original entry rarely kept as entries are now contained in original documents such as invoices and supporting documents. Daybook's details must be entered formally into journals to enable posting to ledgers. Daybooks include:

• Sales daybook of the sales invoices
• Sales credits daybook of the sales credit notes
• Purchases daybook of the purchase invoices
• Cash daybook, usually known as cash book, of cash received and paid out

It may be split into two daybooks: receipts daybook of cash received, and payments daybook of cash paid out

A petty cash book is a record of small value purchases usually controlled by a bookkeeping system