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P1 C4 Joumal — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP1 C4 Joumal1 Mark
Question
What is called combined journal entry?
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Answer

Sometimes when related transactions take place at the same time, one account may be debited or credited more than once in a number of transactions, then it will be convenient to pass only one (single) entry for these transactions. This kind of entry is known as combined journal entry.

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