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AFAR 2: HOME OFFICE AND BRANCH ACCOUNTING
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How to efficiently utilize ERC Tutorials
Note from EASY REVIEW COURSES
INTRODUCTION
Introduction to Home Office and Branch Accounting
Correcting Entries - A review
Entries to record transactions between HO and Branch
Inventory at billed price
Branch Income
Reconciling the books of HO and Branch (3:50)
Combined Financial Statements
SAMPLE PROBLEMS
Sample Problem 1 - Reconciliation
Sample Problem 2- Reconciliation
Sample Problem 3 - Allowance for Overvaluation
Mini Problems - Allowance for Overvaluation
EXERCISE PROBLEMS
Exercise Problems
Key to Exercise Problems
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