13. Jain bros has a branch at Kolkata. Goods are invoiced to the branch at cost plus 25%. Branch is instructed to deposit cash every day in the H.O account in the bank. All expenses are paid by the manager. From the following particulars, prepare branch accounts in the books of H.O: Particulars Rs Particulars Rs Stock on 1.1.07 2,500 Furniture 1,200 purchased by the branch manager Stock on 31.12.07 3,000 Goods invoiced 18,200 from the H.O Sundry debtors on 1,400 Expenses paid by 1,640 1.1.07 the H.O Sundry debtors on 1,800 Expenses paid by 120 31.12.07 the branch Cash sales for the 10,800 H.O sent cash to 1,300 year purchase safe for the branch Credit sales for 7,000 the year Cash remitted to 15,000 the H.O