When Head office maintains accounts of dependent branches by Debtors method, which of the following statements are correct in relation to accounting adjustments to respective branch account?
A. The Opening Balance of stock, Debtors (if any), Petty Cash (if any) are debited to Branch Account
B. The cost of Goods sent to branch is credited to Branch Account
C. Expenses of the Branch Paid by Head office are credited to Branch Account
D. The amounts remitted by the Branch is debited to Branch Account
E. The cost of Goods Returned by Branch is credited to Branch Account