On January 1,2019. Crouser Company sold land to Chad Company, accepting a 2-year, $150,000, non-interest-bearing...
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On January 1,2019. Crouser Company sold 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 fand for $120,000 on January 1,2013 Required: Prepare all the joumal enthes on Crouser's books for January 1, 2019, through January 1, 2021, in regard to the Chad
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