The adjustment to the cost of goods sold of the Branch account amounts 1 poi to a Credit of? * The Petite Branch of Dainty Company submitted trial balance as of December 31, 2020, after the first year of operations: Debit Credit Cash P. 10,400 Accounts receivable 63,200 Shipments from home office 168,000 Expenses 10,800 Sales P134,400 Home office current 118,000 P252,400 P252,400 Merchandise inventory, P50,400. Shipments to the branch are billed at 140% of cost. Your