Accountancy, asked by bushrajaan934, 1 month ago

state the object of maintaining branch account

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Answered by Anonymous

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The objectives of keeping the branch accounts acceptable to all business are (i) To know the profit or loss of each branch separately. (ii) To ascertain the financial position of each branch on a particular date. ... (v) To know the profitability of each branch and type of business for expansion of the business

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