On January 2, The Public Legal Clinic issued Check 2108 for $450 to establish a petty cash fund. Indicate how this transaction would be recorded in a general journal
How is this recored in a general journal?
General journal: Date Account Title Debit Credit... View the full answer
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Debit petty cash 450 Credit cash 450 As petty cash is an asset account and it is... View the full answer
In the books of The Public legal Clinic. Jan 2 2018 Petty cash A/c ..................Dr $450 To Cash... View the full answer