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Determine: i) Branch translated trial balance as at 31 March 2012. ii) Head office and branch income statements, in columnar format, for the year ended 31 March...

      

Elgon Ltd., a manufacturing concern, exports some of its products through an overseas branch whose currency is the "Mil". The reporting currency of Elgon Ltd. is the Kenya Shilling (Ksh.). The overseas branch carries out the final assembly for the products before the goods are sold to customers. The trial balances of the head office and overseas branch as at 31 March 2012 was as follows;-
elg11122019225.png

  

Answers


Wilfred
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Wilfykil answered the question on February 11, 2019 at 10:28


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