Understanding Cash Disbursement Journals

The video tutorial explains the Journal Pengeluaran Kas (JKK), a cash outflow journal used in accounting to record transactions that decrease a company's cash. It covers various transactions, including cash purchases, payments for utilities, and personal withdrawals by the owner. The tutorial distinguishes between transactions that belong in the JKK and those that do not, such as credit purchases and returns. It also details how to calculate discounts for early payments and how to finalize the JKK entries.

What is the primary purpose of a Cash Disbursement Journal (JKK)?

• To record all company transactions

• To track inventory levels

• To record transactions that decrease company cash

• To manage employee payroll

Which of the following transactions would be recorded in the JKK?

• Purchasing inventory on credit

• Paying for office supplies in cash

• Issuing company shares

• Receiving a loan from the bank

Why are credit purchases not recorded in the JKK?

• They are recorded in the sales journal

• They are not considered business expenses

• They are too complex to record

• They do not involve immediate cash outflow

What is the effect of a purchase return on the JKK?

• It increases the cash column

• It is recorded in the memorial journal

• It decreases the cash column

• It is recorded in the sales journal

What is the correct column for recording cash payments for utilities in the JKK?

• Miscellaneous column

• Credit column

• Purchases column

• Utilities column

What happens to the cash column when a cash purchase is made?

• It increases

• It decreases

• It remains unchanged

• It is transferred to the credit column

Which column is used for recording cash payments for non-inventory items?

• Inventory column

• Miscellaneous column

• Credit column

• Purchases column

How are cash payments for personal use by the owner recorded in the JKK?

• In the owner's equity column

• In the miscellaneous column

• As a business expense

• In the purchases column

How is a discount recorded in the JKK when paying off a debt early?

• As an increase in the cash column

• As a decrease in the discount column

• As a decrease in the cash column

• As an increase in the discount column

What is the significance of the '2/10, n/30' term in a transaction?

• It is a penalty for late payment

• It indicates a 2% discount if paid within 10 days

• It is a tax rate applied to the transaction

• It is a shipping fee