the following transactions occurred between home office and Cairo branch

1- home office sent cash 10000 to the branch

2- home office sent goods of 20000 cost plus a markup of 10% to the branch

3- the branch sold goods costing 15000 for 36000

4- the branch returned merchandise priced at 3300 to home office , remember that goods were shipped from home office to branches at a cost plus a markup of 10%

5- home office collected cash for 5000 for branch customers

Required:

Prepare journal entries in the accounting records of both home office and cairo branch