Question
On April 1, year 20, Apple sold land to Samsung in exchange for a 700000 non interest bearing note due on April 1 year 28.
On April 1, year 20, Apple sold land to Samsung in exchange for a 700000 non interest bearing note due on April 1 year 28. Apple would have taken 439189 cash for the land. The cost of land for Samsung was 300k.
What is Apples gain on sale?
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Content Audits And Inventories A Handbook
Authors: Paula Ladenburg Land
1st Edition
1937434389, 978-1937434380
