What journal entries are made in the books of the Head Office to incorporate the trial balance of an independent branch?

trial balance of a branch consists of four types of a/cs

1) assets a/cs ,

2) expenses a/cs,

3) liabilities a/cs and

4) income a/cs.

Journal entries to incorporate all branch trial balance accounts in HO books will be as follows :

1) assets a/cs Dr.

To Branch a/c.

2) expenses a/cs Dr.

To Branch a/c.

3) Branch a/c Dr.

To liabilities a/c.

4) Branch a/c Dr.

To incomes a/c.