Messrs. Eastern Traders, Delhi have opened a branch at Jaipur on 1.7.2017. The goods were sent by the Head Office to the branch and invoiced at selling price which was 125%, of the cost price of the Head Office. The following are the particulars relating to the transactions of Jaipur branch:Prepare Branch Debtors, Branch Stock, Branch Adjustment and Branch Profit and Loss Accounts in Head Office books.

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Particulars Goods sent to branch (at cost to Head Office) Sales: Cash Credit Cash collected from Debtors Discount allowed Stock on June 30, 2018 at invoice price ₹ 2,80,800 Cash sent to branch for: 1,25,000 Wages 1,75,000 Freight 1,56,000 Other expenses including godown rent 4,000 Spoiled cloth in bales written-off at invoice price 55,500 Particulars ₹ 3,000 11,000 6,000 500