Home page               Download material                Accounting topics                Accounting dictionary                Financial calculators

Home Accounting Dictionary Letter G Goods Sent to Branch Definition
 
 

A   B   C   D   E   F   G   H   I   J   K     M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z

 

Goods Sent to Branch Definition:

A term used for the goods that are sent by the head office to the branch for sale. An account known as "goods sent to branch account" is maintained to record the amount of these goods. This account is credited with the invoice price of the goods sent to branch by the head office and transferred from other branches and debited with the invoice price of the goods returned/transferred by the branch.

New Page 1

A D V E R T I S E M E N T

 

 

 

 

 

 

Home                         Download material                         Contact us                         Privacy policy                         Link to us                         Advertise

Copyright 2011