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Accounting Stuff
What is a Compound Journal Entry?
📚 New! Get my 2nd Edition Accounting Cheat Sheet Bundle → https://accountingstuff.com/shop Compound Journal Entries are used to record transactions that involve three or more accounts. There could be multiple debits, multiple credits or a combination of both. We can tweak our example to demonstrate this. Chick n' Duck's Dreamland buys a ...
7.9K views
1 month ago
Closing Entries Examples
Closing Entry: What It Is and How to Record One
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