Solve the following.

3. Home office and branch accounts of CCC Company show activities for the month of February: HOME OFFICE Cash remitted 42,000 Beginning balance 15,000 Merchandise returned to HO 3,000 Shipment at cost 32,000 Fixed assets charged to HO 5,000 Expense allocated from HO 14,500 HO note collected with int. 2, 100 COLLEGE OF ACCOUNTANCY AND FINANCE Page 36 ACCO 30013- Accounting for Special Transactions BRANCH Beginning balance 15,000 Branch remittance 36,000 Shipment at cost 37,000 Fixed asset purchased 5,000 Expense allocated to branch 15,400 Note collected by branch 2,000 Except for a branch error in recording expense allocations and home office error in not recording interest, all differences in the accounts are due to timing differences in recording reciprocal information. Determine the following: a. Unadjusted balance of Home Office and Branch accounts b. Adjusted balance of the Home Office and Branch accounts C. Adjusting entries on both books