A&Co. Ltd, having their H.O. at Delhi with branches at Lucknow and Allahabad close their annual
account on 31st December, when the following transactions have taken place:
(a) Remittances of Rs. 4,500 mady by Lucknow brnch to its H.O. on 30th December, received by the
H.O. on 5th January.
(b) Goods valuing Rs. 2,200 despatched by the Allahabad on 27th December, under instructions from
the H.O. and received by the Lucknow on 30th December.
(c) Depreciation amounting to Rs, 1,100 on Lucknow branch fixed assets when accounts of such assets
are maintained at the H.O.
(d) Goods worth Rs. 9,000 despatched by the H.O. to Allahabad branch on 30th December received by
that branch on 7th January.
Show these entries in the books of the (i) H.O. and (ii) Lucknow branch as at the close of the year.
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lukmow is correct answer is yes
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