What is the purpose of using the common account?

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Explain the purpose of an accounting standard?
Posted by:
Mohammad Iqbal Abubaker
19-March-2017

Question added by Saleh El-Shorbaji , Finance & Admin Manager , Acorn Ind Co LLC
Date Posted: 2013/05/15

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1 Answers

Saleh El-Shorbaji

by Saleh El-Shorbaji , Finance & Admin Manager , Acorn Ind Co LLC

transfer to this account all branches expenses through the year then allocate the expenses to each branch based on volume of expenses for each branch

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