Branch & division

A/c entries 250 views 1 replies

DEAR SIR/MADAM,

HOW TO ENTRY IN ONE COMPANY WITH BRANCHES AGAINST INCOME & EXPENSES. PLEASE GIVE ME A EXAMPLE.

Replies (1)

For each every branch account must be opened seperately in the ledger. The profit or loss amount only  on a particular branch appears in Income & expenditure account in the company books.


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