MCQOPTIONS
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| 1. |
The term "compound entry" means that the journal entry has |
| A. | More than two accounts involved in the entry |
| B. | A debit amount greater than the credit amount |
| C. | A credit amount greater than the debit amount |
| D. | Only one debit, but two credits |
| Answer» B. A debit amount greater than the credit amount | |