Accountancy, asked by sunilgawade, 3 months ago

expenses paid by branch recorded under​

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Answered by MiscreantAngel
1

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In branch accounting, each branch (defined as a geographically separate operating unit) is treated as an individual profit or cost center. Its branch has its own account. In that account, it records such items as inventory, accounts receivable, wages, equipment, expenses such as rent and insurance, and petty cash.

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