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ACCOUNTING FOR INDEPENDENT BRANCH

Product Code EA2541
Product Name: ACCOUNTING FOR INDEPENDENT BRANCH
Category: AAA Author
Star Rating: Not Available
Date Created: March 19, 2021 8:46:54 PM
Original Price: MYR 20.00
After Discount: MYR 10.00

ACCOUNTING FOR INDEPENDENT BRANCH

When the size of the branches is rattling large, their functions volition more complex. In such a situation, it is desirable or practicable for each branch to have its double-entry book-keeping scheme, separate from the head office. Under this system, the branches are treated as separate independent units. This e-book discusses how to record correctly transactions that take place at the head office, independent branches and transactions with each other, using the periodical inventory system. The system is simpler and more straightforward compared to the perpetual inventory system.