Accountancy, asked by nalpha121, 5 months ago

The branch account is which account under debtor system​

Answers

Answered by vershaatrish
8

Answer:

Branch accounting is a bookkeeping system in which separate accounts are kept for each branch or operating location of an organization. Technically, the branch account is a temporary or nominal ledger account, lasting for a designated accounting period.

Answered by Anonymous
21

Answer:

Branch Account under Debtors System is a Real Account. 8. Under Debtors System Branch Account is debited with losses like bad debts, discounts allowed and depreciation.

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