what is simple journal entry
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Answer:
Simple Journal Entry:
is an accounting entry in which just one account is debited and one is credited.
Many entries are much more complex; for example, a payroll entry may involve several dozen accounts.
Answered by
1
Answer: A simple journal entry is an accounting entry in which just one account is debited and one is credited. Many entries are much more complex; for example, a payroll entry may involve several dozen accounts.
Ex. Moin purchase smart phone in cash.
smart phone dr.
cash a/c cr.
I hope its help you.
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