What do you mean by branch Business
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Answer:
A branch office is a location, other than the main office, where a business is conducted. Most branch offices consist of smaller divisions of different aspects of the company such as human resources, marketing, and accounting.
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Answer:
A branch office is a place where a business operates aside from the main office.
Explanation:
- Branch Business is a type of bookkeeping where distinct accounts are maintained for each branch or operational location of an organisation.
- Technically speaking, the branch account is a nominal ledger account that is created for a specific accounting period and is temporary.
- A branch office is a place where a business operates aside from the main office.
- The majority of branch offices are made up of more compact divisions of various business functions including marketing, accounting, and human resources.
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