Accountancy, asked by sivaparvathipagadala, 2 days ago

Explain stock and debtors system? స్టాక్ మరియు రుణగ్రస్తుల వ్యవస్థను వివరించండి

Answers

Answered by Anonymous

Answer:

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Explanation:

Under the Debtors System, the profit or Joss can be found out by preparing a Branch Account in the books of Head Office. The Branch Account has been treated as a customer, a personal account in an impersonal name. This type of accounting treatment works well in small Branches.

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