B- The following ledger account was in the accounting records of the Habiba Branch of ABC Company on December 31, 2019: Debit Credit Balance Home Office Date Explanation 2019 Jan. 1 Balance Mar. 10 Cash remitted to home office 31 Merchandise returned to home office June 6 Merchandise received from home office Oct. 10 Cash received from home office Dec. 20 Acquisition of fixtures 31 Net income 10,000 2,650 14,400 2,600 40,000 CE 30,000 Sk 27.350 st 41,750 cc 44,350 st 35.100 st 42,870 st 9,250 7,770 The home office of ABC Company used the perpetual inventory system, and billed the branch for merchandise shipments at 20% above home office cost. Required: Prepare journal entries to record the above indicated transactions and events (From March 10 to December 31) in the accounting records of the home office of ABC Company. (16.8 Marks)