Which of the following statement is correct about the hea...
Which of the following statement is correct about the head office current account and the branch current account?
Both always have debit balances
Both always have credit balances
The head office current account has a credit balance while the branch current account has a debit balance
The head office current account has a debit balance while the branch current account has a credit balance
Correct answer is D
No explanation has been provided for this answer.