Examveda
Examveda

The Journal entry in which two or more account is debited or credited is referred to as

A. Journal entry

B. Multi entry

C. Additional entry

D. Compound entry

Answer: Option D

Solution(By Examveda Team)

The Journal entry in which two or more account is debited or credited is referred to as Compound entry. A compound journal entry is an accounting entry in which there is more than one debit, more than one credit, or more than one of both debits and credits.

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