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(2) On 1 October 2020, Arthur Lid sold a piece of land to Merlin Lid for $100,000which had originally cost $80,000. Additional comments: what will

(2) On 1 October 2020, Arthur Lid sold a piece of land to Merlin Lid for $100,000which had originally cost $80,000.

Additional comments: what will effect with SOFP

(2) On 1 October 2020, Arthur Lid sold a piece of land to Merlin Ltd for $100,000which had originally cost $80,000.

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