Advance Accounting: Home Office Books and Office Books

CHAPTER 9
SUGGESTED ANSWERS

EXERCISES

Exercise 9 - 1

Books of Branch R
|Home Office |15,000 | |
| Cash | |15,000 |

Books of Branch S
|Cash |15,000 | |
| Home Office | |15,000 |

Books of the Home Office
|Branch S |15,000 | |
| Branch R | |15,000 |

Exercise 9 - 2
Books of Branch No. 1
|Home Office |1,950 | |
| Shipments from Home Office | |1,600 |
| Freight-In | |350 |

Books of Branch No. 5
|Shipments from Home Office |1,600 | |
|Freight-In |400 | |
| Cash | |350 |
| Home Office |