A reconciliation of the LISA branch account of JENNIE COMPANY and Home office account carried in the branch's books shows the following discrepancies at Dec. 31, 2020 . A credit memo from the home office for 900 was taken by the branch as 1,080 . A charge by the branch of 1,650 for an advance taken by the ceo when he visited the branch has not yet been recorded by the home office. . The branch has not taken up 2,700 covered by a debit memo from the home office as share in advertising expense The investment in Lisa Branch account in the home office books had a debit balance of 129,000 at Dec. 31, 2020. The reciprocal accounts were in agreement at the beginning of the year