Question on: SS3 Accounting - Departmental Account - Meaning/Definition

What is the purpose of consolidating the accounts of each department into a departmental account?

View related lesson
A

To make the financial statements easier to understand

B

To identify the financial performance of each department separately

C

To make the accounting process more complicated

D

To reduce the amount of paperwork

Ask EduPadi AI for a detailed answer
Correct Option: A

Add your answer

Notice: Please post responsibly.

Please share this, thanks!

No responses