Gram Co. opening a branch in other city in the country, the following is unadjusted trial balance for san and its branch for the year ended 31/12/2020

Trail balance 31/12/2020:

Gram branch

Cash	22000	10175
account /rec.	12000	7550
Investment in Branch	72600
Inventories1/1/2020	46000	24000
Allowance for valuation	(4000)
Prepaid rent	8000	8450
Equipment	177000	32450
Ordinary shares	(200,000)
Retained earning1/1/2020	(34,000)
Dividend	15000
Account payable	(35000)	(9725)
Home office		(49000)
Purchases	380,000
Shipment from home office		232800
Shipment to branch	(240,000)
Sales	(338000)	(282400)
Operating expenses	118400	25700
total	0000	0000

The fiscal count of ending inventory for home office was $36000and 24000 in the branch without goods in transit.

The following information are available for you not considered in the trial balance:

1- the branch sent 3400$ cash for the home office in 31/12/2020.

2- the branch collected 6000 from home account receivables

3- the branch purchased equipment for 12000 and not modified the home office

4- the home office settlement 7000 for branch account payable.

4- goods in transit for branch at cost was $6000.

5- ending inventory in san company was $60,000 and 21,600 in branch.

Required:

1-Prepare the entries required to reconcile the home office and investment accounts?

2- prepare adjusted trial balance for san and its branch?

3- prepare a working paper for combined financial statement for san company in 31/12/2020?

4- prepare closing entries in branch and san books?