A company with its H.O. at Chennai has a branch at Delhi. The branch receives all goods from H.O. which also remits cash for all expenses. Sales are made by the branch on credit as well as for cash. Total sales by the branch for the year ended Mar 31 2009 amounted to Rs 280000 out of which 20% is cash sale. Further information taken from the branch reveals:Apr 1 2008Mar 31 2009Rs Rs Stock in Trade1250018000Debtors3000024000Furniture4 000?Petty Cash6090Expenses actually incurred by the branch during the year wereRsSalaries18000Rent 4500 (up to Dec 2008)Petty Expenses 2800Sale of furniture on Oct 1 2008 (book value of furniture on the date of sale Rs 475) amounted to Rs 450.All sales are made by the branch at cost plus 25%Depreciation on furniture is 10% p.a.Prepare Delhi Branch Account in the books of Chennai H.O. For the year ending on Mar 31 2009.Goods are sold to customers at cost plus 50%. Depreciate the furniture @ 10%