Module 5: Compound entries and corrections
Multi-line entries, splits, correcting entries, and reversals.
1. Compound journal entries
Record transactions that affect three or more accounts, such as partial payments and mixed financing.
About 8 minutes · 5 practice sets · Pro practice
2. Split lines and allocation
When to split one debit across several lines and when to combine — and how exercises tell you which is accepted.
About 8 minutes · 3 practice sets · Pro practice
3. Correcting entries
Fix wrong accounts, wrong amounts, and omissions with targeted correcting entries instead of editing posted records.
About 8 minutes · 5 practice sets · Pro practice
4. Reversals and duplicates
Use reversing entries to remove duplicates and fix fully reversed postings while keeping a clean audit trail.
About 8 minutes · 3 practice sets · Pro practice