Question

To ascertain total expense incurred at branch
account is maintained​

Answer 1

The branch does not maintain double entry books of account and necessary accounts relating to ... Closing total of debtors balances ... (Being the advertisement expenditure incurred by.

Answer 2

An expense incurred at the branch:

Explanation:

• Branch Profit and Loss Account is kept in control to know the aftereffect of the activity, i.e.
• benefit or loss of Branch.
• It is arranged like Profit and Loss Account which are kept up with by an exchanging concern.
• This record is credited with how much Gross Profit and charged with how much costs and misfortunes.
• Under this framework, Trading and benefit and shortfall account is ready to work out the net benefit or net deficit and net benefit or total deficit.
• The initial stock and products shipped off branch is charged in the exchanging account.
• The end stock, deals, products returned by branch is credited to the exchanging account.