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1. Publishing paid $220,000 to acque Truthy Nickel awardly atverting paper. At the time of the acoustion Thrifty Micker's balance sheet reported totul estets of $120,000 and States of 560,000. The fair market value of Thilly Nickets assets was $90,000. The fair market value of Thrilly Nichef's Rabilities was $60,000 Somalze TX1. Publishing's acquisition of Thaily Nickel (Record dobili Bisl, then crede Select the explanation on the last line of the journal entry table) Accounts and Explanation Date Debit Credit