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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 50: Accounting Arrangements and Operations for Branches
  5. Question
    In Case of Inter-Branch Transactions, Each Branch
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In Case of Inter-Branch Transactions, Each Branch

Question 2

Question 2

Multiple Choice

In case of inter-branch transactions, each branch


A) Opens separate accounts for other branches
B) Passes no entry
C) May treat such transactions as the transactions with the Head office
D) All the above

Correct Answer:

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