Current Attempt in Progress Question 36 Flint Corp. sells idle machinery to Carla Vista Company on July 1, 2020, for $93,000 Flint agrees to repurchase this equipment from Carla Vista on June 30, 2021, for a price of 598,580 (an imputed interest rate of ex) Question Question Prepare the journal entry for Flint for the receipt of cash from Carla Vista on July 1, 2020. (Credit Accountles are automatically Indented when the amounts entered. Do not Indent manually. If no entry is required, select Entry for the accountitles and entero for the amounts.) Date Account Titles and Explanation Debit Credit July 1. 2020 Queste View Prepare any other necessary journal entry for Flint in 2020. (Credit account titles are automatically indented when the amounts entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts: Date Account Titles and Explanation O Tybe here to search Prepare any other necessary journal entry for Flintin 2020. (Credit account the medical Indend the month med. Do not indenti no entry sur select "No Entry for the accounts and enter for the mos) Queste December 31, 2020 QUE Que Prepare the journal entries for Flint when the machinery is repurchaned on June 30, 2021. Contest automaty Indented when the amount senteret. Do notwent manually w entry required, select "Ho Entry for the account titles and enter 0 for the amounts) Date Account Titles and Explanation Debit Credit June 30 2021 To record interest expense) June d Account Titled Explanation Debi 9 Date June 30, 2021 (To record interest expense) June 30 2021 (To record repayment) Sve for later Type here to search o