Question

An accounting entry that is characterized by having multiple debits​ and/or multiple credits is called a​ ________ entry. A. compound journal B. chart of accounts C. posted D. balanced

Answer 1

Answer:

A. compound journal entry

Explanation:

Compound journal entry -

It refers to the type of accounting entry , which consists of more than one debit or credit , is referred to as compound journal entry .

It is the combination of various simple journal entries together to form a compound journal entry .

Hence , from the given information of the question,

The correct option is A. compound journal entry .