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Which of the following transactions will increase the normal balance of branch account in the home office separate Statement of financial position? a. Return of

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Which of the following transactions will increase the normal balance of branch account in the home office separate Statement of financial position? a. Return of inventory from branch to home office b. Payment by the branch of home office's liability c. Receipt by home office of credit memo from the branch d. Collection by the home office of branch's receivable

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