Branch accounting

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

26 February 2013 If Head Office purchased a car & transferred it to Branch then what will be "Journal Entry" in the books of Head Office as well as branch.

Hemant Kumar

Hemant Kumar (Expert)
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26 February 2013 @Head office
1) Car purchased.
Party Ac. Dr.
to Bank Ac.
2) Transferred to branch
Branch Ac. Dr.
to Party Ac.

Hemant Kumar

Hemant Kumar (Expert)
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26 February 2013 @Head office
1) Car purchased.
Party Ac. Dr.
to Bank Ac.
2) Transferred to branch
Branch Ac. Dr.
to Party Ac.

Hemant Kumar

Hemant Kumar (Expert)
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26 February 2013 @ Branch

1) Fixed Assets Ac. Dr.
Head office ac.

Hemant Kumar

Hemant Kumar (Expert)
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26 February 2013 @ Branch

1) Fixed Assets Ac. Dr.
Head office ac.

Hemant Kumar

Hemant Kumar (Expert)
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26 February 2013 @ Branch

1) Fixed Assets Ac. Dr.
Head office ac.

CS RAJESH C.CHOUDHARY

CS RAJESH C.CHOUDHARY (Expert)
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26 February 2013 Hey Hemant How many times you will Reply yar.

CA Lokesh Pokharna

CA Lokesh Pokharna (Expert)
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26 February 2013 HO books

Car

to bank

XYZ branch
to car

branch books

car

to h.o.

Hemant Kumar

Hemant Kumar (Expert)
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28 February 2013 Sorry Rajesh ji... I have replied only one time but due too slow speed there ware many replied posted.. sorry.

Hemant Kumar

Hemant Kumar (Expert)
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28 February 2013 Sorry Rajesh ji... I have replied only one time but due too slow speed there ware many replied posted.. sorry.

CS RAJESH C.CHOUDHARY

CS RAJESH C.CHOUDHARY (Expert)
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28 February 2013 Okey No issue friend

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