Among the journal entries for business transactions and events of the Hoover Street Branch of Usc Company during January 2005, were the following:

2005 Jan. 12 Inventories 60,000 Home Office 60,000 To record the receipt of merchandise shipped Jan. 10 from the home office and billed at a markup of 20% on billed price.
25 Cash 25,000 Home Office 25,000 To record collection of trade accounts receivable of home office.
31 Operating Expenses 18,000 Home Office 18,000 To record operating expenses allocated by home office.

Prepare appropriate journal entries for the home office of Usc Company.