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department accounting?
Departmental Accounting refers to maintaining accounts for one or more branches or departments of the company. Revenues and expenses of the department are recorded and reported separately. The departmental accounts are then consolidated into accounts of the head office to prepare financial statements of the company.
For example a textile mill which is having head office and factory. Separate accounts are maintained for production facilites and then the final results are sent to head office which are then incorporated by head office in their accounts.

 
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