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74. The forecast below is in XY's head office books at the end of January. Prepare the joumal entries, which affed the head office's estimates
74. The forecast below is in XY's head office books at the end of January. Prepare the joumal entries, which affed the head office's estimates and are listed in the branch's books for the month of January. AB Branch 1987 1987 Balance $67.500 16/1 $2.000 Remittance from branch Branch bill payment 2,500 20/1 Return of goods by branch 10/1 25/1 Payment for branch 10,000 inventory Branch accounts receivable collection 1611 Branch loss for this 750 Delivery of goods to 6,500 the branch 30/1 Expenses charged to branches
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