Challenger App

No.1 PSC Learning App

1M+ Downloads
A journal entry with more than one debit or more than one credit or with both is :

AContra entries

BCompound journal entries

CCompensating errors

DNone of these

Answer:

B. Compound journal entries


Related Questions:

Contra entry means
Premium On issue of shares can be used for
Average yield on working fund minus average cost of working fund is :
Assets incurred by an expense or loss is termed as _________
A Demand Draft is valid for a period of :