Explain what are the accounting events that are frequently involved in compound entries?

Submitted by: Muhammad
The accounting events that are frequently involved in compound entries are;

☛ Record multiple line items in a supplier invoice that address to different expenses
☛ Record all bank deductions associated to a bank reconciliation
☛ Record all deduction and payments related to a payroll
☛ Record the account receivable and sales taxes related to a customer invoice
Submitted by: Muhammad

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