IndigoLearn

Forums

Back

Branch

Accountancy

If they ask to prep branch account in head office books , wat all to put in the account ?? PRACTICE QUES 10

Reetikaa R

CA Final

★ 7K+

20-Apr-23 16:24

381

Answers (1)

Assuming it is a foreign branch accounts, all assets and liabilities' closing balance + net profit relating to the branch will come. In case of dependent and independent types, you may refer to the format in the book for better understanding.

Shankara Vel

CA Final

★ 4K+

20-Apr-23 17:29

Your Reply

IndigoLearn

Helping students crack CA, CFA & ACCA since 2017. 14,000+ students have trusted us for the best CA,CFA, ACCA online classes. Learn from the best CA, CFA faculty, access top-quality content and clear your exams with confidence

IndigoLearn

Branch

Your Reply

Company

Information

Offerings