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Q Search R 1/E 14/12/2020 (303207 1 Subway dawgie E 1) Hi rawan abu-ajlan, when you submit this form, the owner will be able to

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Q Search R 1/E 14/12/2020 (303207 1 Subway dawgie E 1) Hi rawan abu-ajlan, when you submit this form, the owner will be able to see your name and email address, 1.On 25/12/2019 Amazon purchased a group of assets from Samsung company of total amount of 650,000, and it has got a sale discount of 5% of the total amount. It paid 250,000 cash, and the rest was on account. The purchase contract included that Amazon get 10% of the rest amount if it paid within 10 days, and it must pay the rest amount within 2 months - The estimated fair value of purchased assets are as follow: asset Estimated fair value Furniture 73,000 Car 22.500 Inventory 50,000 building 500.000 Total 645 500 Amazon paid the credit amount on 2/1/2020 Requirements 1-prepare the Joumal entry on 25/12/2019, 2-prepare the adjustment entry/s on 31/12/2019 3- Prepare the oumal entry on 2/1 2020 O CIN

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