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2. in 2008 Big sold a piece of land to Small for $ 8,000,000. Land was purchase by Big for $6,000,000. In 2009, small sold

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2. in 2008 Big sold a piece of land to Small for $ 8,000,000. Land was purchase by Big for $6,000,000. In 2009, small sold the land to someone outside the group for $9,000,000. Please write down the adjusting journal entries to reconcile to the group perspective for 2008 and 9009 spnnratelv

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