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What is departmental account?

Updated: 9/14/2023
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11y ago

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some organizations may divide their operation into separate departments. therefore, the trading result of each department must be ascertained. departmental accounting aims at separating the several activities of a business in order to compare results and to assist the proprietorin formulating police e.g a dearler selling radio, television, recod players can prepare the accounts separately to deal with each department. it is conveninet to separate tthe operations of each of department.

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