Q1. prepare Journal for the following transactions. a) One of the Annie Company's accounts payable - Mr. Zeng ($2,000,000), both parties agreed to settle the arrears in 2 months. Mr. Zeng now offers a 5% discount and hopes that Annie Company can pay immediately. Annie Company accepted the proposal and immediately paid by check. b) Connie purchased a property worth $20,000,000. A 30% deposit and a stamp duty of 2.75% of the property price were paid, and a building loan of 70% of the remaining property price was successfully borrowed from Standard Chartered Bank c) Photographic photography requires a salary of $400,000. Since the company does not have enough cash, it can only pay the $350,000, and the proprietor promises that the balance will be cleared within 3 months. d) Winnie Company received a cheque of $150,000 from an account receivable- Miss Wong e) Due to the epidemic situation, Chan Company requires employees to take 2 months of unpaid leave. The total salary for the two months is $300,000