e$.$ A remittance of $15,000$ sent by the branch has not yet been received by the Head Office. No snhy in the bools of brench

f$.$ Branch A incurred advertisement expenses of $3,000$ on behalf of Branch B:

Harrison of Chennai has a branch at New Delhi to which goods are sent @ $20\%$ above cost. The branch makes both cash and credit sales. Branch expenses are met partly from H$.$O$.$ and partly by the branch. The statement of expenses incurred by the branch every $107$

month is sent to head office for recording. Following further details are given for the yey ended $31$st December, $2020$:

Cash Sales

Credit Sales

Cash coller

Cash Diso

Returns b

Bad Deb

Expense

On $1$st Januar

made by hear

On $31$stMa

hand was

diminishin

Prepare E

Show necessary ledger accounts in the books of the head office and determine the Profit and Loss of the Branch for the year ended $31$st December, $20$X$1.$