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Branch accounting

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(Querist)
09 January 2014 Dear Experts,
In the field of branch accounting maintain book of accounts separately both branch and head office when finalizing the account can we merge these two books and prepare p and l and balance sheet kindly explain sir.

Thanking You

With regards
M Syed Abuthahir
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CA.Ravi Ranjan Kumar

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CA.Ravi Ranjan Kumar (Expert)
09 January 2014 Ist of all you will prepare P&L and B/S separately ,afterthat you merge both account.

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