The following journal entry (explanation omitted) appeared in the accounting records of the home office of Silversmith Company: Investment in Seaside Branch 8,980 Operating Expenses 8,980 The journal entry indicates that Select one: O a. The branch incurred operating expenses and allocated it to the home office O b. The home office paid the branch for services rendered by the branch c. The branch paid the home office for services rendered to the branch Od. The home office incurred operating expenses and allocated it to the branch