Answered

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An entry with two or more debits or credits is called a

double journal entry
duplicate journal entry
compound journal entry
a mistake

Sagot :

Samawati

Answer:

compound journal entry

Explanation:

The Double -entry is a bookkeeping technique where transactions are recorded in two or more accounts. Most transactions will affect two accounts. One of the accounts is debited, and the other one is credited. It is also possible to have both accounts debited or credited.

Some transactions may require more than two entries. These are the transactions that affect more than two accounts. For example, Goods sold on discounts or goods sold partially on credit and partially cash. The journal entries for such transactions are compound entries.

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