Total Sales + Closing Stock - Opening Stock - Goods Sent To Branch
It is a branch which had able to prepare its own accounts on its books then we say that is an independent branch. Accounts prepared by it is technically called as independent branch accounts.
Answer:To calculate the average, add beginning accounts receivable and ending accounts receivable, and divide it by 2.
good to sent
should accounts revceivable (net) bedeleted out Not sure what the first answer is saying, but net accounts receivable is total accounts receivable less allowance for doubtful accounts (accounts you think are not going to pay you)
Net Sales / Average Accounts Receivable = Account Receivable Turnover
It is a branch which had able to prepare its own accounts on its books then we say that is an independent branch. Accounts prepared by it is technically called as independent branch accounts.
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Answer:To calculate the average, add beginning accounts receivable and ending accounts receivable, and divide it by 2.
good to sent
weight/vol/time
should accounts revceivable (net) bedeleted out Not sure what the first answer is saying, but net accounts receivable is total accounts receivable less allowance for doubtful accounts (accounts you think are not going to pay you)
Net Sales / Average Accounts Receivable = Account Receivable Turnover
NatWest Birmingham Attwood House - a "virtual branch" originally for staff accounts.
Account which are opened in the books of head office and branches, related to branches are called branch accounts. The main objective of these accounts is to know the working ability and profit and loss of branches. They also includes the final accounts related to them, by which their financial condition is known.
It's the branch which deals with ISAs (Individual Savings Accounts).