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A Journal Entry That Affects No More Than Two Accounts

question 251

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A journal entry that affects no more than two accounts is called a compound entry.


Definitions:

Total Power

In an electrical circuit, the combined measure of both active (real) and reactive power, expressed in watts for DC circuits and volt-amperes for AC circuits.

Sum

The result of adding two or more numbers or quantities together.

Reciprocal Formula

A mathematical expression used to calculate the reciprocal of a number, which is the inverse or 1 divided by that number.

Parallel Resistors

Resistors connected in such a way that there is more than one path for current to flow, affecting the total resistance of the circuit.

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