armine86
Mar 18, 2008, 04:22 PM
If a company sells an investment in stock for 8000000 and the investment was for 5100000 so they had a gain of 2900000. with a note due in 5 years with no interest rate. how would you journalize that????
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armine86 Mar 18, 2008, 04:22 PM If a company sells an investment in stock for 8000000 and the investment was for 5100000 so they had a gain of 2900000. with a note due in 5 years with no interest rate. how would you journalize that???? ChaliceHolder Mar 18, 2008, 06:10 PM Note Receivable Dr Gain on Sale Cr Stock Investment Cr Copyright ©2005-, Ask Me Help Desk
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