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Prepare entries to be made on the books of the home office

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Question - The home office shipped merchandise costing P48,000 to Manila Branch and paid freight of P3,200. Shortly afterward, the home office instructed Manila branch to transfer this merchandise to Baguio branch. Freight costs of P2,400 were paid by Manila branch to carry out the order. If the merchandise had been shipped directly from the home office to Baguio branch, the freight cost could have been P4,000. Prepare entries to be made on the books of the home office and the branches.

Reference no: EM133126222

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