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 Cast22000 accounts 12000 10175 7550 Investment in Branch 72600 Inventories/1/2000 46000 24000 Allowance for valuation 2000) Prepaid rent 8000 8450 Equipment 177000 32450 Ordinary shares 200,000 Retained camin/1/2020 (34,000) Dividend 15000 Account payable 65000) 1972) Home office (49000) Purchases 380,000 Shipment from home office 23DO Shipment te branch 240,000 Sales (3380002824001 Operating expenses 118000 25700 Local 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 11020202 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 Cast22000 accounts 12000 10175 7550 Investment in Branch 72600 Inventories/1/2000 46000 24000 Allowance for valuation 2000) Prepaid rent 8000 8450 Equipment 177000 32450 Ordinary shares 200,000 Retained camin/1/2020 (34,000) Dividend 15000 Account payable 65000) 1972) Home office (49000) Purchases 380,000 Shipment from home office 23DO Shipment te branch 240,000 Sales (3380002824001 Operating expenses 118000 25700 Local 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 11020202