Question

Branch which does not maintain its own set of books is

Answer 1

Answer:

Dependent branch

does not maintain its own set of books

Answer 2

The branch which does not maintain its own set of books is the Dependent Branch.

• Branches are the various division of business located in different cities.
• Main business house can be called head office and those who run under their confidence is called a branch.
• There are two types of branch dependent branch and independent branch.
• Dependent branches are those branches whose everything is provided by their head office and their accounts are even maintained by head office.
• Independent branches are these branches that maintain their accounts by themselves and can even purchase and sell.