A Compound Journal Entry

Multiple Choice

A compound journal entry

A) is a general ledger transfer that affects more than two accounts.
B) is a general journal transfer that affects more than two accounts.
C) is a journal entry for more than two transactions that affects one or more accounts.
D) is a journal entry for a transaction that affects more than two accounts.
E) is not allowed in accordance with U.S.GAAP,but is allowed in accordance with IFRS.