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What is Advanced Accounting for Agencies and Branches about?

1. The document describes the accounting operations between a parent company, its commercial agency, and consulting firms. The parent company sends products to the commercial agency, which sells them to the consulting firms at a discount. The consulting firms sell the products to clients and pay the agency. 2. It also describes the accounting operations between a parent company and its branch. The parent company sends products to the branch at cost. The branch sells the products, records sales and income,

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