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Accounts Branch

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(Querist)
20 May 2017 Sir.Iam seeing branch Accounts firm in that dealer and subdealer maintained at H.O and branch.Suppose Debtors Amount received by HO for branch for sake if subdealer.What is the accounting entry in Ho and branch.plz clarify
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Nischit Sanghavi

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Nischit Sanghavi (Expert)
21 May 2017 Branch will Debit HO account as receivable and credit Debtors account HO will Debit bank account and credit Branch account as creditor
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