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What is a Compound Journal Entry?

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What is a Compound Journal Entry?

📚 New! Get my 2nd Edition Accounting Cheat Sheet Bundle → https://accountingstuff.com/shop Compound Journal Entries are used to record transactions that involve three or more accounts. There could be multiple debits, multiple credits or a combination of both. We can tweak our example to demonstrate this. Chick n' Duck's Dreamland buys a ...

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