Question

कुल संपत्ति ₹ 1,00,000, अंशधारी कोष ₹ 60,000, गैर-चालू दायित्व ₹20,000,
गैर-चालू संपत्तियाँर 50,000

Answer 1

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Independent Branch, which has its own accounting system 'prepares a Trial Balance and sends a copy of it to the Head Office. After the receipt of Trial Balance from Branch, Head Office passes incorporating entries in order to prepare Branch Trading and Profit and Loss Account and a combined Balance Sheet.

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