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Branch accounts (debtors method)
Accountancy
In branch account that head office (HO)creates, we show liabilities given to branches on CR.side. the ques is why does HO gives its liabilities to the branch? why would branch be interested in taking HO's liabilities, if they are taking HO's assets that makes sense that they need it to operate, but why would they take liabilities and pay them off on behalf of HO?
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