A compound journal entry has more than two accounts,but the total dollar value of the debits still must equal total dollar value of the credits.

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This is the basic principle of double-entry accounting, which requires that every transaction has at least two equal and opposite effects on the accounting system. While a simple journal entry typically involves just two accounts, a compound journal entry can include several accounts as long as the debits and credits add up to the same amount.

A Compound Journal Entry Has More Than Two Accounts,but the Total