A Chennai H.O. passes one entry at the end of each month to adjust the position arising out of inter-branch transactions during the month. From the following inter-branch transactions in June 20, make the entries in the books of Chennai H.O. (Give details of the workings)
- Mumbai Branch:
- Received goods from Kolkatta branch Rs 18,000 and Hyderabad branch Rs 12,000.
- Sent goods to Hyderabad branch Rs 30,000 and Kolkatta branch Rs 24,000.
- Sent acceptances to Kolkatta branch Rs 12,000 and Hyderabad branch Rs 6,000.
- Delhi Branch: [In addition to (a) above]
- Received goods from Kolkatta branch Rs 30,000 and Mumbai branch Rs 12,000
- Cash sent to Kolkatta branch Rs 6,000 Mumbai branch Rs 12,000
- Kolkatta Branch: [In addition to (a) & (b)];
- Sent goods to Hyderabad branch Rs 18,000
- Received Bills receivable from Hyderabad branch Rs 180,000
- Received cash from Hyderabad branch Rs 10,000