For depreciation on fixed assets, whose accounts are maintained by the head office, the head office

Debit Fixed assets account and credit Branch account

Debit Branch account and credit Fixed assets account

For depreciation on fixed assets, whose accounts are maintained by the

1.	For depreciation on fixed assets, whose accounts are maintained by the head office, the head office
A.	Debit Fixed assets account and credit Branch account
B.	Debit Branch account and credit Fixed assets account
C.	Debit Branch account only
D.	Credit fixed assets.
Answer» C. Debit Branch account only