The difference between the closure of the books of a branch and those of a separate company is that?

The difference between the closure of the books of a branch and those of a separate company is that?

A there is retained earnings account on the branch books

B the revenue and expenses account is closed to branch current account

C there is no retained earnings account on the branch

D the revenue and expenses account is not closed to the home office current account

Answer is A

Leave a Reply

MEET OVER 2000 NOUN STUDENTS HERE. 

Join us for latest NOUN UPDATES and Free TMA answers posted by students on our Telegram. 

OUR ONLINE TUTORIAL CLASS IS NOW ON!!! JOIN US NOW. 
JOIN NOW!
close-link