1.

Conclusion of Branch accounting

Answer»

BRANCH ACCOUNTING : It refers to Accounts of branch that are PREPARED for the purpose to calculate Profit and loss in branches of VARIOUS organisation.

It is related with departmental Accounting but It includes the work related to Head Office and record TRANSACTION on both cost price and investment price.

In nutshell , Branch Accounting related to the ascertainment of Profit and losses of particular Branch

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