Healthy Pharmaceuticals Ltd., Shimla has branches at Delhi, Mumbai, Chennai and Kolkata. These branches are allowed transactions INTERSE under advice to H.O. Following are the inter branch transactions for the month of June 2008.
I Delhi Branch
- Sent goods to Mumbai Rs 5,000; Chennai Rs 8,000 and Kolkata Rs 13,000
- Drawn bills on Mumbai Rs 3,000; Chennai Rs 5,000 and Kolkata Rs 9,000
- Received goods from Mumbai Rs 15,000; Chennai Rs 9,000 and Kolkata Rs 20,000
- Bills accepted from Mumbai Rs 3,000; Chennai Rs 5,000 and Kolkata Rs 8,000
II Mumbai Branch: (in addition to transactions as aforesaid)
- Sent goods to Chennai Rs 32,000; Kolkata Rs 30,000
- Drawn bills on Chennai Rs 17,000; Kolkata Rs 7,000
- Received goods from Chennai Rs 12,000; Kolkata Rs 10,000
- Accepted bills drawn by Chennai Rs 3,500; Kolkata Rs 6,000
III Chennai Branch: (in addition to transactions as aforesaid)
- Goods sent to Kolkata Rs 5,000
- Bills drawn on Kolkata Rs 3,000
- Goods received from Kolkata Rs 7,500
- Bills accepted, drawn by Kolkata Rs 9,000
Show out the Journal entry that the H.O. would pass on June 30, 2008, showing the working out of the net figures in a tabular form.