Business, 28.02.2020 20:56 blairjaneaoyrfvp

On January 1, 2019, Crouser Company sold the land to Chad Company, accepting a 2-year, $150,000, non-interest-bearing note due January 1, 2021. The fair value of the land was $123,966.90 on the date of sale. The company purchased the land for $120,000 on January 1, 2013. Prepare all the journal entries on Crouser's books for January 1, 2013, through January 1, 2015, in regard to the Chad note

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On January 1, 2019, Crouser Company sold the land to Chad Company, accepting a 2-year, $150,000, non...