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Answer in One Sentence:What is the meaning of Combined Entry? - Book Keeping and Accountancy

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Question

Answer in One Sentence:
What is the meaning of Combined Entry?

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Solution

A journal entry which contains more than one debit or more than one credit or both effects of a transaction is known as a combined/compound journal entry.

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Recording of Journal Entries
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Chapter 3: Journal - Exercises [Page 81]
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