Disbursement Meaning With Sentence
Description
How to fill out Cash Disbursements Journal?
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FAQ
To write a disbursement, start with a clear title that identifies the type of payment. Include details such as the date, the recipient’s name, and the specific amount being disbursed. Additionally, explain the purpose of the disbursement with a straightforward sentence, like 'This disbursement pertains to the reimbursement of expenses incurred.' By using a reliable platform like US Legal Forms, you can easily access templates and ensure your disbursement documentation is accurate and compliant.
Making a disbursement means to execute the payment or distribution of funds to a specified recipient. This action often involves careful consideration of documentation and approval processes. Recognizing the disbursement meaning with sentence context can assist you in navigating financial transactions confidently. When using platforms like US Legal Forms, you can access templates and resources that simplify the disbursement process for personal or business needs.
To illustrate the term, you can say, 'The accountant will disburse the employees' bonuses at the end of the month.' This example showcases the action of distributing funds and highlights the term's relevance in financial statements. By grasping the disbursement meaning with sentence references, you can better comprehend its application in real-world scenarios. It is essential for creating accurate financial documents and agreements.
You can use the term disbursement in a sentence like this: 'The company made a significant disbursement to cover the legal fees incurred during the case.' Practicing how to incorporate disbursement meaning with sentence enhances your financial vocabulary and communication skills.
An example of a disbursement could be a contractor receiving payment for completed work on a project. When a company reimburses an employee for travel expenses, that is also categorized as a disbursement. Familiarizing yourself with disbursement meaning with sentence aids in recognizing how such transactions are recorded and reported.
A disbursement example includes payment made by a company for employee salaries, for instance. When a business pays rent for its office space, it classifies that payment as a disbursement. Understanding disbursement meaning with sentence helps clarify the context in which funds are allocated or distributed in various transactions.
A bad check is one that can't be negotiated because it's drawn on a nonexistent account or on an account that holds insufficient funds to cover its amount. A bad check is also known as a hot check and writing one is illegal.
If the worthless check is stamped INSUFFICIENT FUNDS*, Alabama Law requires you to send a Statutory Notice (printable version available below) to the person who signed the check. The letter must be mailed to the address printed or handwritten on the check at the time of issuance.
(c) Negotiating a worthless negotiable instrument is a Class A misdemeanor. Under this section of the law, there are two ways in which to establish prima facie evidence against the drawer of a check that the individual knew the instrument would be dishonored.
30-X-7-. 14 - Bad Checks. (1) If a bad check or negotiable instrument is dishonored, the writer of the check or instrument shall be required to tender payment of the full amount of such check or instrument plus a service charge of $30.00 as provided by the Code of Ala.
