What is one of the major difference between Branch Accounting and Departmental Accounting

One major difference between Branch Accounting and Departmental Accounting is:

Geographical Location:

  • Branch Accounting deals with divisions of a business that are located in different physical locations (e.g., cities or countries).

  • Departmental Accounting handles divisions that operate under the same roof or location, like departments in a store (e.g., electronics, clothing).

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