Accountancy, asked by Ranadhir2956, 3 months ago

Branch accounting of merits and demerits?

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Answered by Anonymous

3

Explain the merits and demerits of branch banking

Economies of Large Scale: Branch banking enjoys the advantages and economies of large scale operations with greater applicability of the division of labour or 'specialisation'. ...

Economy of Cash Reserves: ...

Economy of Costs: ...

Risks-spreading Economy: ...

Easy and Increased Mobility of Funds: ...

Greater Safety and Liquidity

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