Menu
Head office and Branch Accounting in tally
suppose we purchase a new fixed asset from supplier in Ho for branch.we paid to supplier in Ho only.but fixed asset used by branch.what is the accounting entries in books of Ho and branch?
Replies (4)
Transfer asset to branch account.
what is the accounting entrt
HO ENTRY:,,,,,,,DR BRANCH OFFICE AND CR SELLER ,,,,,,,,,,,,,,,,,
BRANCH ENTRY:,,,,,,,,DR ASSET AND CR HO
IN H.O:
1) Fixed Asset ..dr
To party alc
2) Branch ...dr
To Fixed asset
IN BRANCH :
Fixed asset ...dr
To H.O
Recent Threads
- F&o profit or loss can show a government emplo
- Tax Query for FY 2024-25
- ITR Offline JSON Utility not showing saved drafts
- Incometax port8 not working
- U4gm-Leveling an Amazon Build with Lightning Spear
- 44ADA income declaration
- Taxation of RSU sold of foreign listed entity by e
- Form26QB in case of death of joint owner (seller)
- Exemption of allowance
- Hardship compensation recd from builder (redevelop
Related Threads
CAclubindia
