A compound journal entry involves
A) two accounts.
B) three accounts.
C) three or more accounts.
D) four or more accounts.

Name: A compound journal entry involves A) two accounts. B) three accounts. C) three or more accounts. D) four or more accounts.
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Question

Quizplus · Accepted Answer

A compound journal entry involves three or more accounts. It is used when there are multiple accounts that need to be debited or credited in a single entry.

A Compound Journal Entry Involves