XYZ Appliance Company operates a branch in Makati City. The following are transactions between the home office and branch for the current year: a. The home office sends P500,000 cash to the branch. b. Shipments to branch are billed at cost of P78,750. c. The Home Office pays branch expense of P3,500. d. Home office expense of P3,375 are paid by the branch. e. The branch returned merchandise costing P10,000 to the home office. f. Home office acquires branch furniture for P20,500 cash. The said fixed asset is carried on Branch Books. g. The annual depreciation on the branch furniture is 5%. h. The branch sends a P15,000 cash remittance to home office. i. Home office transfers inventory worth P40,000 to the branch. Branch pays freight of P5,000. j. Branch purchases inventory worth P30,000 on account from a supplier. Branch pays freight of P2,000. k. Branch makes total sales of P600,000 on account. I. Branch collects P450,000 from accounts receivable. m. Branch remits P350,000 cash collections to home office. Requirements: - Journal Entry for Home Office and Branch Office. - Trial Balance of the Home office. - Statement of Comprehensive Income of Branch Office