please fill the required journal entries. thank you in advance! ...
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Accounting
please fill the required journal entries. thank you in advance!
At the begnons of 2020 , the Muszum of Hitory receves a documented promse to contribute 520,000 at the end of each year for the next four years. The appropriate oiscount tate is 3 percent. and the prenise is considered fully colectible At the end of 2020 , the maseumreceives the first payment. ficquind Feppare joumal entres to record the promise and the first year's contribution. It the moseums net assets are affected, indicate the appropriate calegory of net assecs. Round your answers to the nearest whole number


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