Question

Compound general enteries4

Answer 1

Answer:

Compound journal entry definition — AccountingTools A compound journal entry is an accounting entry in which there is more than one debit, more than one credit, or more than one of both debits and credits. ... Examples of aggregation that may involve compound journal entries are: Depreciation for multiple classes of fixed assets.

Answer 2

Answer:

A compound journal entry is an accounting entry in which there is more than one debit, more than one credit, or more than one of both debits and credits. ... Examples of aggregation that may involve compound journal entries are: Depreciation for multiple classes of fixed assets.

Explanation:

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