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Branch accounts

We can debit the discount and bad debts in branch expenses also na sir instead of directly posting to p&l.. Bcz in previous sum its done the same way

Attachments

IMG_20201205_202429.jpg


Shru Kanda

Shru Kanda

CA Inter

520

05-Dec-20 20:26

20

Answers (7)

Which earlier illustration are you referring to. The method could be different. This one is Final Accounts method.


Suraj Lakhotia

Suraj Lakhotia

Admin

07-Dec-20 16:22

Which earlier illustration are you referring to. The method could be different. This one is Final Accounts method.

This is stock and debtors method right sir


Shru Kanda

Shru Kanda

CA Inter

520

07-Dec-20 17:40

This

This method is different. Final accounts method is different.


Suraj Lakhotia

Suraj Lakhotia

Admin

09-Dec-20 15:52

Which earlier illustration are you referring to. The method could be different. This one is Final Accounts method.

C sir its stock and debtors method.. Not final

Attachments

Screenshot_20201209_170643.jpg


Shru Kanda

Shru Kanda

CA Inter

520

09-Dec-20 17:07

C sir its stock and debtors method.. Not final

Sorry. There were two topics on branch account and hence slight confusion. You can debit to expenses account as well.


Suraj Lakhotia

Suraj Lakhotia

Admin

12-Dec-20 05:37

Ok sir.


Shru Kanda

Shru Kanda

CA Inter

520

12-Dec-20 10:35