K.K. Kabobo company Ltd located at Kumasi send goods to its branch in Bolga at cost plus 25% which is the selling price. The manager of the Bolga branch is entitled to a commission of 10% after charging such commission. The following information relate to the branch transactions: GHS 12,000 12.100 80.000 20.000 46,400 6,000 800 1.200 200 1000 2,000 1,600 300 Stock at start at invoiced price Stock at close at invoiced price Goods sent to branch during the year at invoiced price Branch credit sales Branch cash sales remitted to head office Branch expenses paid out of cash sales Goods pilfered at invoice price Normal loss due to wastage at invoiced price Allowances off selling price Returns by branch debtors to head office at invoiced price Returns by branch to head office at invoiced price Returns by branch debtors to branch at invoiced price Cash sales stolen (uninsured) Branch debtors at start Branch debtors at close Discount allowed to branch debtors Bad debt written off Rent and rate Cash received from branch debtors 22,000 You are required to prepare the relevant accounts in the books of the head office. [20 marks] 14,000 8,620 500 280 400