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a. office and the branch. b. How much is the individual gross profit of the branch? c. How much is the "true" gross profit of the branch? d. Compute for the realized markup. Journal entries - Inter-branch transactions (excess freight) 4. Home office transfers inventory, costing P20,000, to Branch A. Home office pays freight of P2,000. Subsequently, home office instructs Branch A to ship the inventory to Branch B. Branch A pays freight of P1,000. Requirements: Prepare the journal entries under the following scenarios: a. If home office had shipped the inventory directly to Branch B, the freight would have been P2,500. b. If home office had shipped the inventory directly to Branch B the freight would have been P3,200