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Branch accounts

Accountancy

Why have we recorded entries at invoice price.. There is no entry to reduce markup also y sir?

Shru Kanda

CA Inter

★ 610

04-Dec-20 19:51

669

Answers (7)

In final accounts method its prepared at Cost to branch.

CA Suraj Lakhotia

Admin

07-Dec-20 16:48

I dint get u sir

Thread Starter

Shru Kanda

CA Inter

★ 610

07-Dec-20 17:44

The illustration you are referring to is final accounts method. In this method it is prepared at cost to branch.

CA Suraj Lakhotia

Admin

09-Dec-20 15:51

Final accounts is always prepared at cost to branch or oly in dis sum

Thread Starter

Shru Kanda

CA Inter

★ 610

09-Dec-20 17:08

Thread Starter

Shru Kanda

Final accounts is always prepared at cost to branch or oly in dis sum

In final accounts method, it is done at cost to branch.

CA Suraj Lakhotia

Admin

11-Dec-20 21:38

Invoice price of ho to branch. Is cost to branch ah sir

Thread Starter

Shru Kanda

CA Inter

★ 610

11-Dec-20 21:44

Thread Starter

Shru Kanda

Invoice price of ho to branch. Is cost to branch ah sir

Yes

CA Suraj Lakhotia

Admin

12-Dec-20 05:29