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On which statement would you find total cash disbursements?

1) a departmental income statement
2) cash flow statement
3) balance sheet
4) summary income statement

1 Answer

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Final answer:

Total cash disbursements can be found in the cash flow statement, as it details the cash that flows out of the company for various activities during a specific period.

Step-by-step explanation:

To find the total cash disbursements, you would look at the cash flow statement. This financial statement specifically outlines the cash inflows and outflows from operating, investing, and financing activities over a certain period. Total cash disbursements are part of the cash outflows and would typically be detailed in the operating and investing sections of the cash flow statement.

A departmental income statement focuses on the financial performance of specific departments within a company, showing revenue and expenses pertaining to each department. A balance sheet indicates a company’s financial position at a specific point in time, detailing assets, liabilities, and equity, but does not detail cash disbursements. Lastly, a summary income statement provides a broad overview of a company's revenues, costs, and expenses during a period, but does not show cash movements.

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