What is the reconciled balance of the reciprocal accounts? The following partial transaction took place between the home office and its two branches, Bacolod branch and Cebu branch. a. Upon the instruction of the home office, Cebu branch affected a fund transfer of 25,000 to Bacolod branch. b. Bacolod branch collected a Cebu branch's accounts receivable of 35,000 less 2% discount. c. Cebu branch paid 250,000 representing the travelling expenses of Jay Ayala, senior VP, when the latter attended the regional conference in Canada. Of the amount paid, 60% was charged to the home office, 25% to Bacolod branch and the balance of Cebu branch. d. Home office shipped merchandise costing 200,000 to Cebu branch. Freight of 3,000 was paid by the home office. It is the policy of the company to bill its branches at 25% above cost. e. Upon the instruction of the home office, Cebu reshipped the above merchandise to Bacolod branch. Freight of 1,500 was paid by Bacolod branch. Had the goods been shipped directly to Bacolod branch, the freight would have been only 4,200. What is the balance of the investment in Cebu branch account in the home office books? What is the balance of the home office account in the books of Bacolod branch?