On January 1, 2020,Haifa companyenters into a contract to transfer ProductAand ProductBto Jerash company for JD 60000 ,of whichJD 40000 for Product A and JD 20000 for Product B The contract specifies that payment of ProductAwill not occur until ProductBis also delivered .

Haifacompanydelivers ProductAto Jerash companyon February 1, 2020.and delivers ProductBOn March 1, 2020 .

Thedebit sidein the journal entry On February 1, 2020,inHaifa companyrecords is:

a- Contract Asset forJD 40000

b- Accounts Receivable forJD 40000

c- No Entry

d- Contract Asset forJD 60000