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Branch Accounts: Accounting for Firms is a document available to read on EtoBox.

This chapter discusses accounting for firms with branches. There are two main systems - keeping all accounts at the head office or having each branch keep a full set of accounts. Firms need to monitor branch activities. The double column system is used to help monitor goods and cash at branches far from the head office. Many firms also track goods at selling prices to keep checks on transactions. Items in transit like goods, cash, and returns are always assets on the books.

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