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<!DOCTYPE html>
<html lang="en">
<head>
<meta charset="UTF-8">
<meta http-equiv="X-UA-Compatible" content="IE=edge">
<meta name="viewport" content="width=device-width, initial-scale=1.0">
<title>Modern Method: Compound Entries</title>
<link rel="icon" href="https://drive.google.com/thumbnail?id=1A1tTjNFe49LwKdCNbbqSzL93j3JvRdnK"
type="image/icon type">
<link href="https://unpkg.com/tailwindcss@^2/dist/tailwind.min.css" rel="stylesheet">
</head>
<body>
<section class="text-gray-600 body-font" style="user-select: auto;">
<div class="container px-5 py-24 mx-auto" style="user-select: auto;">
<div class="flex flex-col text-center w-full mb-20" style="user-select: auto;">
<h1 class="sm:text-3xl text-2xl font-medium title-font mb-4 text-gray-900" style="user-select: auto;">
Modern Method : Compound Entries</h1>
<p class="lg:w-2/3 mx-auto leading-relaxed text-base" style="user-select: auto;"><b>Compound Journal entry is an entry in which there is more than one debit,
more than one credit, or more than one of both debits and credits. It is a combination of several simple journal entries.</b></p>
</div>
<div class="flex flex-wrap -m-2" style="user-select: auto;">
<div class="p-2 lg:w-1/3 md:w-1/2 w-full" style="user-select: auto;">
<a href="https://webinar.plezmo.com/bUZy"><div class="h-full flex items-center border-gray-200 border p-4 rounded-lg"
style="user-select: auto;">
<div class="flex-grow" style="user-select: auto;">
<h2 class="text-gray-900 title-font font-medium" style="user-select: auto;">Opening Entry - A</h2>
<h3>Opening entry A- Assets- cash-8000, Bank balance-20000, Stock-54000, Debtors-47000(Ashok-12000,Pawan-15000 , Vivek-20000),Machinery-60000
Liabilities- Creditors-20000(Chaman Lal-7000, Om Pal-13000), Capital-200000, Bank Loan-10000
</h3>
</div>
</div></a>
</div>
<div class="p-2 lg:w-1/3 md:w-1/2 w-full" style="user-select: auto;">
<a href="https://webinar.plezmo.com/NTh3"><div class="h-full flex items-center border-gray-200 border p-4 rounded-lg"
style="user-select: auto;">
<div class="flex-grow" style="user-select: auto;">
<h2 class="text-gray-900 title-font font-medium" style="user-select: auto;">Opening Entry - B</h2>
<h3>Opening Entry B- Assets: Cash 15000, Bank Balance 5000, Stock 40000, Debtors 24000, Furniture 3600 Liabilities: Loan from bank 25060, Creditors
12500</h3>
</div>
</div></a>
</div>
<div class="p-2 lg:w-1/3 md:w-1/2 w-full" style="user-select: auto;">
<a href="https://webinar.plezmo.com/928G"><div class="h-full flex items-center border-gray-200 border p-4 rounded-lg"
style="user-select: auto;">
<div class="flex-grow" style="user-select: auto;">
<h2 class="text-gray-900 title-font font-medium" style="user-select: auto;">Entry 3</h2>
<h3>OPENING ENTRY C- Assets- cash-20000, Bank balance-30000, Stock-25000, Debtors-50000 (Ashok-12000,Pawan-15000 , Vivek-20000),Building-100000
Liabilities- Creditors-20000(Chaman Lal-7000, Om Pal-13000), Capital-200000
</h3>
</div>
</div></a>
</div>
<div class="p-2 lg:w-1/3 md:w-1/2 w-full" style="user-select: auto;">
<a href="https://webinar.plezmo.com/vZXu"><div class="h-full flex items-center border-gray-200 border p-4 rounded-lg"
style="user-select: auto;">
<div class="flex-grow" style="user-select: auto;">
<h2 class="text-gray-900 title-font font-medium" style="user-select: auto;">Entry 4</h2>
<h3>Opening Entry D- Assets: Cash 15000, Bank Balance 5000, Stock 40000, Debtors 24000, Furniture 3600 Liabilities: Loan from bank 25060, Creditors 12500,
Capital 50040</h3>
</div>
</div></a>
</div>
<div class="p-2 lg:w-1/3 md:w-1/2 w-full" style="user-select: auto;">
<a href="https://webinar.plezmo.com/WfB1"><div class="h-full flex items-center border-gray-200 border p-4 rounded-lg"
style="user-select: auto;">
<div class="flex-grow" style="user-select: auto;">
<h2 class="text-gray-900 title-font font-medium" style="user-select: auto;">Entry 5</h2>
<h3>Bought good from Nilesh for cash 45000.Also paid 1000 for their carriage</h3>
</div>
</div></a>
</div>
<div class="p-2 lg:w-1/3 md:w-1/2 w-full" style="user-select: auto;">
<a href="https://webinar.plezmo.com/LqHw"><div class="h-full flex items-center border-gray-200 border p-4 rounded-lg"
style="user-select: auto;">
<div class="flex-grow" style="user-select: auto;">
<h2 class="text-gray-900 title-font font-medium" style="user-select: auto;">Entry 6</h2>
<h3>Sold goods to Nupur for 20000 at terms 4% cash discount and 20% trade discount.</h3>
</div>
</div></a>
</div>
<div class="p-2 lg:w-1/3 md:w-1/2 w-full" style="user-select: auto;">
<a href="https://webinar.plezmo.com/KrwU"><div class="h-full flex items-center border-gray-200 border p-4 rounded-lg"
style="user-select: auto;">
<div class="flex-grow" style="user-select: auto;">
<h2 class="text-gray-900 title-font font-medium" style="user-select: auto;">Entry 7</h2>
<h3>Sold goods to Harsh for 50000 at 5% cash discount</h3>
</div>
</div></a>
</div>
<div class="p-2 lg:w-1/3 md:w-1/2 w-full" style="user-select: auto;">
<a href="https://webinar.plezmo.com/swEF"><div class="h-full flex items-center border-gray-200 border p-4 rounded-lg"
style="user-select: auto;">
<div class="flex-grow" style="user-select: auto;">
<h2 class="text-gray-900 title-font font-medium" style="user-select: auto;">Entry 8</h2>
<h3>Sold goods to rakesh for 30000 at 10% trade discount and 5% cash discount. 40% of the payment was paid immediately to avail the cash discount</h3>
</div>
</div></a>
</div>
<div class="p-2 lg:w-1/3 md:w-1/2 w-full" style="user-select: auto;">
<a href="https://webinar.plezmo.com/bsQi"><div class="h-full flex items-center border-gray-200 border p-4 rounded-lg"
style="user-select: auto;">
<div class="flex-grow" style="user-select: auto;">
<h2 class="text-gray-900 title-font font-medium" style="user-select: auto;">Entry 9</h2>
<h3>Paid rent 6000 half for business and half for personal</h3>
</div>
</div></a>
</div>
<div class="p-2 lg:w-1/3 md:w-1/2 w-full" style="user-select: auto;">
<a href="https://webinar.plezmo.com/fCck"><div class="h-full flex items-center border-gray-200 border p-4 rounded-lg"
style="user-select: auto;">
<div class="flex-grow" style="user-select: auto;">
<h2 class="text-gray-900 title-font font-medium" style="user-select: auto;">Entry 10</h2>
<h3>Rahul who owed us 20000 becomes insolvent and a final dividend of 60 paise in rupee is received from his state.</h3>
</div>
</div></a>
</div>
</div>
</div>
</section>
<script async src="https://drv.tw/inc/wd.js"></script></body>
</html>