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terbear247
Jul 19, 2013, 12:50 PM
Do credit memorandums get recorded in the cash disbursement special journal?

paraclete
Jul 20, 2013, 01:42 AM
If you mean credit facilities provided by a financial institution, no, only cash disbursements are entered when a transaction takes place.

Detail of the credit facilities will be included in the notes to the annual accounts