JAMB - Accounts Principles Of Accounts (2015 - No. 27)

The following account are prepared when goods are sent to branch except
Branch stock
Goods set to branch account
Branch adjustment account
Branch debtors account

Explanation

Branch debtors account is used to exercise control over branch debtors. It is maintained when the branch is allowed to sell goods on credit. This account records transactions with the branch debtors and is prepared like sundry debtors account.

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