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Books of Original Entry – Journal — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountBooks of Original Entry – Journal1 Mark
Question
What is Compound Journal Entry?
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Answer

Sometimes, two or more transactions relating to one particular account take place on the same date. In such cases, instead of passing separate entries for all such transactions, only one entry is passed. Such a Journal entry is termed as Compound Journal Entry.

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