A trader has a branch at Surat to which goods are invoiced at cost plus 20%. Prepare a branch account in H.O. books from the following particulars:

Rs

Rs

Opening Stock at Branch

1,20,000

Branch Expenses paid by H.O.

15,000

Cash Sales at Branch

87,500

Branch Expenses Branch

30,000

Credit Sales

2,05,000

Expenses Unpaid

7,000

Collection from Debtors

1,89,500

Closing Stock at Branch

90,000

Cash received from H.O.

1,50,000

Closing Balance of Debtors

45,800

Goods in Transit from H.O.

18,000