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.
Dependent Branch Independent Branch Foreign Branch
distingush between dependent branch and independent branch
good to sent
Total Sales + Closing Stock - Opening Stock - Goods Sent To Branch
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.
Dependent Branch Independent Branch Foreign Branch
"Separation of powers," Means that each branch of government is independent
distingush between dependent branch and independent branch
good to sent
Total Sales + Closing Stock - Opening Stock - Goods Sent To Branch
An independent branch can operate separately from any other branch and is not reliant on anyone for the results. A dependent branch relies on other branches to operate.
independent agencies
1879
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.
The US Army is an independent Military branch of service that report to the President, as Commander in Chief.
the olive branch first originated in ancient Greece
It's the branch which deals with ISAs (Individual Savings Accounts).