Name the accounting events that are a part of compound entries?
A compound journal entry is an accounting entry in which there is more than one debit, more than one credit, or more than one of both debits and credits. Accounting events that generally involve compound journal entries are:
* Different expenses related to diverse line items in a supplier invoice
* Payroll related deduction and payments
* Overall bank deductions related to bank reconciliation
* Customer invoice related financial receivable and sales tax
