Economics · Accountancy

A journal entry in which two or more accounts are debited or credited is known as a:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Compound entry✓
2Additional entry
3Multi entry
4Double entry

Correct answer

Compound entry

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A journal entry in which two or more accounts are debited or credited is known as a:

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A journal entry in which two or more accounts are debited or credited is known as a:

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