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P1 C4 Joumal — Account STD 11 Commerce — Question

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

When related / same type of transactions take place at the same time, one account may be debited or credited more than once. Instead of writing separate journal entries for each such transactions, a single combined journal entry may be written. This is known as combined entry.

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