A) Company P sold a piece of land to Company S for $100,000 cash that had an original purchase price of $75,000. Cash Land Account Debit Credit Gain on Sale of Land Loss on Sale of Land Cash Land Gain on Sale of Land Loss on Sale of Land $25,000 zero B) Company P rented warehouse space to Company S during the year that had monthly rent of $5,000. At the end of the year the December rent was not yet paid, and each company has booked its own entries properly. Rent Expense Rent Income Cash Rent Payable Account Debit Credit Rent Receivable Rent Expense Rent Income Cash Rent Payable Rent Receivable C) Company P sold marketable securities to Company S for $20,000 cash that had an original cost of $25,000 and was valued on the books of Company P for $35,000 at the time of sale. Marketable Securities Cash Account Gain on Sale of Marketable Securities Loss on Sale of Marketable Securities Marketable Securities Cash Gain on Sale of Marketable Securities Loss on Sale of Marketable Securities Debit Credit