O'Reilly logo

Financial Accounting by R. Lalitha, V. Rajasekaran

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 13

Accounting for Inland Branches

LEARNING OBJECTIVES

After studying this chapter, you will be able to understand

  1. The Meaning, Objectives and Classification of Branches

  2. Salient Features of Dependent Branches

  3. System of Accounting for Dependent Branches: The Method of Recording Transaction in the Books of Head Office Under “Debtors System”

  4. Salient Features of Debtors Method of Accounting

  5. To Ascertain Profit/Loss of the Branch (to Ascertain any Missing Figure, to Calculate Profit Margin) by Way of Solving Problems Under Debtors System of Accounting

  6. Accounting Procedure for Dependent Branches Under Stock and Debtors Method (System)

  7. The Procedure for Preparing Profit or Loss of the Branch Under Final Account System

  8. Accounting Procedure ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required