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using the centralized system record all necessary journal entries related to the two branches in...

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Accounting

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using the centralized system record all necessary journal entries related to the two branches in the books of the center:
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Question 1. 8 Marks The center Jana Electronles has two branches, Mideast and Gulf: Item Center Mideast Gulf Transferred goods at cost 60000 40000 Cash sales 45000 32000 Credit sales 15000 9000 Branches expenses 15000 10000 Center expenses 24000 Goods transferred from Mideast to West (5000) 5000 Returns to branches 3000 2500 Returns from branches to center 6000 4000 Ending Inventory 8000 6000 Instructions: Using the Centralized system, record all necessary journal entries related to the two branches in the books of the Center: Transaction Account title

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