On October 31, 2021, XYZ Corporation (an equipment manufacturer) sold equipment that cost $150,000 ABC Company (a construction company). The agreement stipulated that ABC would make five payments of $60,000 (including interest) annually on October 31. The first note payment is to be made on October 31, 2021. Assuming that a prevailing interest rate of 6% applies to this contract:

Question 2 Part A On August 31, 2021, XYZ Corporation (an equipment manufacturer ) sold equipment that cost 15.00 no ABC Company construction company). The agreement stipulated that ABC would make five payments of $10,00 (including internet maly na kutil.the first note payment is to be made on August 31, 2021. Assuming that a prevailing interest rate of applies to his content 12 Present Fatore Present will Yale of us vahe of u ordinary ordinary unity Cut Future 421236 4465118 analty 5.63709 Present Value of 1 vale of 1 133823 0.74726 5 Cat Debit 1. Prepare the journal entry for XYZ to record sale of the equipment as 83171.6) Account Title Chat Dehir 2. Prepare the journal entry() for IYZ for year ended 120/22, il os, associated with this sale of the quipment (3) Aaron Title tus. 34 seconds. 4 5 6 7 8 Account Title Debt Crobe Account Title 2. Prepare the journal entry() for XYZ for year ended 1231 m2. If any, aswiciated with this sale of the equipmer Debit Crit Account Title 3. Prepare the entry for the receipt of payment on 831/2023 for XYZ i the company does it se reserving entries (1 p) Debit Order 4. Prepare the journal entry for ABC to record the purchase of the equipment on 831/72.(4)