Question

what are the advantages of departmental Accounts?​

Answer 1

Answer:

The most significant advantages of departmental accounts are:

• Individual results of each department can know which helps to compare the performances among all the departments, i.e., the trading results can compare.
• Departmental accounts help to understand or locate the success, failure, rates of profit, etc.

Explanation:

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Answer 2

Answer:

The advantages of departments accounts are:-

1)Individual results of each department can be known easily. So that compare them with each other which is comparing the trading proffit.

2) Departmental accounts helps us to understand the Success, Failure, rates of profit etc.,

3) Can eaily Formulate policy to extend or to develop the enterprise in the proper line.

Hope it helps.