This question has been several times over here..and the answer can be replied in a single word and that is big NO Gaint
This is the correct answer. I have 4 accounts - each a separate entity - google knows this and has no problems with it. What you can't do is have more than one account under your own name.
Yes, this is true You can have one personal account and as many number of accounts provided they are all business entities registered with local authorities and payments are done in the name of business entity accounts