A compound journal entry is just like other accounting entry where there is more than one debit, more than one credit, or more than one of both debits and credits. It is essentially a combination of several simple journal entries.
Explain what is account receivable?
Explain have you ever prepared MIS reports and what are these?
Explain what makes a successful account manager?
Tell me how can you explain the basic accounting equation?
Explain dual aspect term in accounting?
Tell me what is GAAP?
Explain different branches of accounting?
Tell me what is “deposit in transit”?
Tell us depreciation and its types?
Tell me what is trial balance in accounting?
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