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On January 2, The Public Legal Clinic issued Check 2108 for $450 to establish a petty cash fund.

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?

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General journal: Date Account Title Debit Credit... View the full answer

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Here is the explanation for... View the full answer

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

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