Answer / ramesh2471

ALL THE COMPANIES HAVE ONE REGISTER , WHICH IS NAMELY FIXET
ASSET REGISTER WHENEVER THE COMPANY PURCHASE SOME VALUBLE
GOODS IT WILL BE AUTOMATICALLY COMES INTO THE ASSET REGISTER
AFTER THE END OF THE YEAR THE VALUE OF THE ASSET IS DECREASED

if rent paid by the head office of their branch than what would the accounting enrty and why?

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