1.
Branch receiving goods as
Murlidhar and Company Delhi had their Branch at Bhopal. The following are the transactions between the
head office and the branch for the year ended 31st March, 2016 :
Stock on 1.4.2015 with Branch
Goods supplied to Branch during the year
Cash sent for following expenses of Branch:
1,000
16,000
Salary
800
Rent
200
Telephone
100
Petty Cash Exp.
500
Cash received from Branch during the year
Inventories on 31st March, 2016 with Branch
Balance of Petty Cash on 31st March, 2016
Pass the necessary journal entries and 'Bhopal Branch Account' in the Head Office books.
1,600
18,000
800
100
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