explain the procedures of incorporating the branch trial blance in the head office book
Answers
Answered by
0
Answer:
The entries made in the 'books of head office' to incorporate branch trial balance are different revenue items of the branch in regards to trading the Profit and Loss Account is prepared. The asset and liabilities are shown. Explanation: When the branches are 'small their accounts' are maintained by the 'head office'.
Don't forget to follow me...
Answered by
2
●The entries made in the 'books of head office' to incorporate branch trial balance are different revenue items of the branch in regards to trading the Profit and Loss Account is prepared.
●The asset and liabilities are shown.
●Explanation: When the branches are 'small their accounts' are maintained by the 'head office'.
Similar questions