The following information and particulars relate to New Delhi branch for the year 2014-15: 31.3.2014 : Stock ~ 50,000; Debtors ~ 70,000; Petty cash ~ 250. 31.3.2015 : Stock ~ 75,000; Debtors ~ 95,000; Petty cash ~ 120. Goods costing ~ 5,50,000 was sold by the branch @ 25% on cost. Cash sales amounted to ~ 1,50,000 and the rest credit sales. Branch receives all goods from Head Office. Branch spent ~ 30,000 for salaries, ~ 12,000 for rent and ~ 8,000 for petty expenses (all expenses remitted by Head Office). You are required to prepare New Delhi Branch Account in the books of the Head Office for the year 2014-15.