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what is compound entry? Give an example. Explain in 100-150 words

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Accounting

what is compound entry? Give an example. Explain in 100-150words

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Answer Compound Entry Which means A compound Journal Entry is a bookkeeping Entry whichimpacts in excess of two Account heads A Simple journalentry has one Debit and one credit while a compound    See Answer
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what is compound entry? Give an example. Explain in 100-150words

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