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Question: Explain what is compound journal entry ?

Answer: A compound journal entry is just like other accounting entry where there is more than one debit, more than one credit, or more than one of both debits and credits. It is essentially a combination of several simple journal entries.

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Question: Explain what is compound journal entry ?

Answer:

A compound journal entry is just like other accounting entry where there is more than one debit, more than one credit, or more than one of both debits and credits. It is essentially a combination of several simple journal entries. Source: CoolInterview.com



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