please use typing and not hand writing and show all calculations.

C- The following ledger account was in the accounting records of the Ilabiba Branch of ABC Company on December 31, 2019: Home Office Explanation Debit Credit Balance Date 2019 Jan 1 Mar 10 31 June 6 Oct. 10 Dec 20 31 10,000 2,650 Balance Cash remitted to home office Merchandise returned to home office Merchandise received from home office Cash received from home office Acquisition of fixtures Net income 14,400 2,600 40,000 cr 30,000 cr 27,350 cr 41.750 cr 44,350 cr 35.100 cr 42.870 cr 9,250 7.770 The home office of ABC Company used the perpetual inventory system, and billed the branch for merchandise shipments at 20% above home office cost. Required: Prepare journal entries to record the above indicated transactions and events in the accounting records of the home office of ABC Company. (9 Marks)