Accountancy, asked by jasirkhursheed257, 3 months ago

explain the procedure of incorporating the branch trial balance in the books of head office​

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Answered by smitapawar
3

Answer:

Under this method, in order to incorporate all revenue items, a Branch. Trading and Profit and Loss Account is prepared. But profit/loss, asset and liabilities are incorporated through Branch Account for Consolidated Balance Sheet purposes.

Answered by ItzStrawBerry
21

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