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Branch accounting

This query is : Resolved 
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(Querist)
04 November 2016 How to adjust inter branch stock transfer in case of head office maintaining separate set of books of accounts.
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Amol S Joglekar

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Amol S Joglekar (Expert)
04 November 2016 In the books of the one sending the stock
debit : HO/Branch (The one receiving the stock)
credit : stock sent

In the books of the one receiving stock
debit : stock received
credit : HO/Branch ( which has sent the stock)
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