A Compound Journal Entry Requires Several Debits to One Account

question 164

True/False

A compound journal entry requires several debits to one account and several credits to one account.

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Definitions:

Recommendations Section

A segment of a report or document that provides suggestions based on the analysis or findings presented.

Suicidal or Homicidal Ideation

Thoughts or plans about self-harm or harming others, which can be a symptom of mental health disorders and requires immediate attention.

Circumstantiality

A communication disorder where an individual's speech is indirect and overly detailed, leading to delayed arrival to the point or not arriving at all.

Flight of Ideas

A symptom where an individual's thoughts rapidly and continuously move from one idea to another, often seen in manic episodes of bipolar disorder.