A Head Office in Calcutta has a branch in Burdwan. All purchases are made by the Head Office and goods sent to the branch are invoiced at cost plus 25 per cent. All cash received by the branch is deposited to the Head Office Account in the Burdwan branch of the Head Office bank.
The branch maintains a Sales Ledger and the other necessary subsidiary books but all other branch transactions are recorded in the Head Office books.

The following information pertaining to the branch has been collected for the year ended December, 31, 2017:

In the Head Office books prepare the Branch Stock Account, Branch Total Debtors Account and Branch Profit and Loss Account.

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Particulars Stock at branch on Jan. 1 (invoice price) Goods received from H.O. less returns (invoice price) Credit sales less returns Discount allowed to customers Branch expenses paid Particulars ₹ 30,000 96,000 Stock at branch on Dec. 31 (invoice price) Cash sales 43,000 Cash received from customers 1,000 Bad debts written-off 5,700 ₹ 25,000 54,000 41,000 500