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4. ABC Inc. is an hotel which were starting its business since 2015 in Jordan, and the following information related about year 2020: The tourism

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4. ABC Inc. is an hotel which were starting its business since 2015 in Jordan, and the following information related about year 2020: The tourism sector around the whole world was effected by Covid-19 which ends many entities and enforce these entities to declare bankruptcy because of the decrease of the whole sector which reached 80% comparing with year 2019. ABC announced their results for year 2020: decreasing in sales by 70%, current assets exceeded current liabilities with JOD 2 millions, net loss of JOD 1.5 millions. Due to the bad situation of many economic sectors, the local government decided to support and fund sectors that got effected by the Covid 19 situation including tourism sector, by make agreements and contracts to use hotels facilities for medical purposes til next year with advance payments and reduces takes for the same period. Also, the owners of ABC decided to support their business with extra fund that ensure business to continue its operations till next 6 months. Based of previous information ABC should (1.5 Points) prepares falsestamant de se se centre

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