Final answer:
The $5.00 disbursement for the C.O.D. package at the Guam Hotel should be recorded in the 3) front office cash receipts and disbursement journal, which tracks immediate, day-to-day cash transactions at a hotel's front desk.
Step-by-step explanation:
The front office cash receipts and disbursement journal is the appropriate place to record the $5.00 disbursement for the C.O.D. package received by the Guam Hotel. This type of journal is typically used to keep track of cash transactions that occur in the day-to-day operations of a hotel's front desk or reception area. Unlike the purchases journal, which is mainly used for recording credit purchases, or the transfer journal, which is used for documenting internal transfers, the front office cash receipts and disbursement journal is specifically designed to record immediate cash transactions like the one described.
Recording this expense in the front office cash receipts and disbursement journal helps the hotel's accountants in tracking and reconciling cash payments that need to be made on behalf of the hotel's guests. This ensures that financial records are accurate and that cash flows are correctly managed.
It is also noteworthy that this transaction is not a purchase but rather a service fee payment, which doesn't belong in the general journal unless it's a non-routine transaction, which in the context of a hotel is unlikely for a small, routine delivery charge like this.