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
Sign up to 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