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plezz help Question 4 of 7 - / 1.5 View Policies Current Attempt in Progress Answer each of these unrelated questions. Click here to view

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Question 4 of 7 - / 1.5 View Policies Current Attempt in Progress Answer each of these unrelated questions. Click here to view factor tables (a) On January 1, 2020. Teal Corporation sold a building that cost $273.840 and that had accumulated depreciation of $109,280 on the date of sale. Teal received as consideration a $263,840 non-interest-bearing note due on January 1, 2023 There was no established exchange price for the building, and the note had no ready market. The prevailing rate of interest for a note of this type on January 1, 2020, was 4%. At what amount should the gain from the sale of the building be reported? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to decimal places, e.g. 458,581.) The amount of gain should be reported Question 5 of 7 -/1 3 View Policies Current Attempt in Progress Nash Company reports the following financial information before adjustments. Cr. Dr. $138,100 Accounts Receivable Allowance for Doubtful Accounts Sales Revenue (all on credit) Sales Returns and Allowances $2.970 845,000 53,310 Prepare the journal entry to record bad debt expense assuming Nash Company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but Allowance for Doubtful Accounts had a $1.410 debit balance. (If no entry is required, select "No Entry for the account titles and enter for the amounts Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (a) (b)

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