answer with details

On Att 2006 Mood incold Equipment having to vale KD 175.000 in exchange for 7 month promissory not having a face value of KD 405.000. The Equipment is carried on od books at a cost od 5.000 and book value of KD 470.000 Det Credit Record the journal entry for the sales of equipment Date Accounts 11 Mecord the dusting entry at year end Debit Credit Date Accounts Dec 11 + Becord the journalty for the collection of the note and interest Date Accounts Debit Credit Proctors shown