A D.T.H. Company having its H.O. in Mumbai with branches at Nagpur and Pune closes its annual accounts on Mar 31. When the following transactions took place:
- Remittances of Rs 50,000 made by Nagpur Branch to its H.O. on Mar 29 received by the H.O. on Apr 3.
- Dish antennas valuing Rs 40,000 despatched by Pune Branch on Mar 28 (under instructions from H.O.) received by the Nagpur Branch on Mar 30.
- Depreciation amounting to Rs 720 on Nagpur Branch fixed assets when accounts of fixed assets are maintained at the H.O.
- Dish worth Rs 60,000 despatched by H.O. on Mar 29, received by Pune Branch on Apr 3.
Show the adjustment entries in the books of the H.O. and the Nagpur Branch as at the close of the year (Ignore Narrations).