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How much is the unadjusted balance of thebhome officebaccount in Liyue's books How much The following information will be used for the next two questions
How much is the unadjusted balance of thebhome officebaccount in Liyue's books
How much
The following information will be used for the next two questions Zhongli Trading Corp. operates a branch in Dagupan City. At the close of business on December 31, 2019. Llyue Branch account in the home office books showed a debit batan the beginning of the year. For ourposes of reconciling the interoffice accounts, the following facts were certained - Office equipment costing the home office P3.500 was picked up by the branch as P350. Insurance premium of P75 caged by the home office was taken up twice by the branch. Freight chansonnhandse made by the home office for P1.125 were recorded in the branch books P12:5 - Home office credit memoreresenting a discount on merchandise for PSCO was not recorded by the branch The brand tated to take 700 debit meno from the home office representing the shore of the branch in divertising . The home office de corded a remittance for P3.000 from the Moristade branch as a remittance from its Llywe branch How much is the name of the Home Office account in Liye's books? P2245 P226.770 P236465 P235.770Step by Step Solution
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