Aroma Cosmetics offers to its customers a gift set of cosmetics as a premium (gift set) In exchange for $ 14 If the customer purchases one of the top brand cosmetic makeup kits. The company purchased for cash 5,000 gift sets at $ 35 each. It estimates that 80% of customers will participate in the promotion. In 2019, the company sold 8,000 makeup kits at a sales price of $ 100 each resulting in sales revenue of $ 800,000. By the end of the year, 5,000 customers took advantage of the promotion. Required: a) Prepare the appropriate journal entries assuming that Aroma follows IFRS and uses the expense approach. For this part of the question, assume the selling price includes the offer for the premium Aroma Cosmetics offers to its customers a gift set of cosmetics as a premium (gift set) In exchange for $ 14 If the customer purchases one of the top brand cosmetic makeup kits. The company purchased for cash 5,000 gift sets at $ 35 each. It estimates that 80% of customers will participate in the promotion. In 2019, the company sold 8,000 makeup kits at a sales price of $ 100 each resulting in sales revenue of $ 800,000. By the end of the year, 5,000 customers took advantage of the promotion. Required: a) Prepare the appropriate journal entries assuming that Aroma follows IFRS and uses the expense approach. For this part of the question, assume the selling price includes the offer for the premium