compound entry

compound entry
compound entry compound entry entry

* * *

compound entry UK US noun [C]
ACCOUNTING an accounting record that shows figures relating to several different accounts or several different sets of figures relating to one account: »

If a compound entry includes two debits, the titles of the two accounts being debited should appear at the left margin, one under the other.

Compare SIMPLE ENTRY(Cf. ↑simple entry)

Financial and business terms. 2012.

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