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Compound Journal Entry
An accounting journal entry that involves more than two accounts, where there is at least one debit and two or more credits, or vice versa.
Debits
Financial transactions that increase assets or decrease liabilities or equity on a company's balance sheet.
Credits
Accounting entries that increase liabilities or decrease assets, representing the source of value in transactions.
Analyzed
Subjecting data, information, or a situation to detailed examination to understand it better or to derive insights.
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