It is a system of finding out the profit made by a head office at a branch by preparing an account called_______.
A)Profit &loss a/c
B)Trading a/c
C)Branch a/c
D)None of these.

Question

Quizplus · Accepted Answer

The correct answer is C) Branch a/c. This account is specifically prepared to find out the profit made by a head office at a branch. It helps in understanding the financial performance of the branch in relation to the overall business.

It Is a System of Finding Out the Profit Made