These would simply be called "branch entries." The textbook entitled "Meanings of Accounting" by B. Simpsen is a good source for learning more about accounting topics.
DR investments in branch
Cr cash
cash sent to branch
and also if the problem uses the periodic inventory system it uses the ff:
HOME OFFICE BOOKS BRANCH BOOKS
DR investment in branch xxx DR...
First thing your question is not clear for me but i will give you some hints that may help you to solve this question:.
accounting entries is vary and it has too much ways to record it but to make...
For information, accounting field could be divided into a few branches which is as follows:-
i) Management Accounting
ii)Financial Accounting
iii) Taxation
iv) Auditing
Management Accounting is...
A generator for your business will be listed in PP&E, property, plant, and equipment? For example if you purchase a generator for let's say $2,000 and you pay with cash, the entry will be:...