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  2. Topic
    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 2: Debits and Credits: Analyzing and Recording Business Transactions
  5. Question
    A Compound Entry Is
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A Compound Entry Is

Question 117

Question 117

Multiple Choice

A compound entry is


A) a transaction involving more than one debit and/or credit.
B) used to prepare the trial balance.
C) the same as the chart of accounts.
D) found on the income statement.

Correct Answer:

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