Question

What do you mean by 'stock and debtor system' of brach accounting in the head office?

Answer 1

Answer:

Important Terms  Branch Stock It is unsold goods at a Branch at the beginning/end of the year.  Branch Debtors These are debtors of the branch.  Goods Sent or supplied to Branch It is the goods supplied by the Head Office to its Branch for sale. It may be recorded at Cost or Invoice Price.

Explanation:

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