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This question demands preparation of branch P&L, branch assets ac in the books of HO after incorporating trial balance as given in the question. 1,Such TB showing an account called head office current ac. What is the purpose of the account in this question? 2, after incorporating the TB in HO books, how can we transfer only cost portion of goods from HO ac & opening stock ac to trading & P&L. Becose if it done like that the profit portion of such ac still remain in such ac
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