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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
Answers (7)
CA Suraj Lakhotia Admin
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
CA Suraj Lakhotia Admin
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
Thread Starter
Shru KandaC 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.
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