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urrent Attempt in Progress Swifty Company purchased land in 2022 for $252,000. The land's fair value at the end of 2022 is $268,800; at the
urrent Attempt in Progress Swifty Company purchased land in 2022 for $252,000. The land's fair value at the end of 2022 is $268,800; at the end of 2023 , $235,200; and at the end of 2024,$256,200. Prepare the journal entries to record the land using revaluation accounting for 2022-2024. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Question 1 of 7 /10 Date December 31, 2022 December 31, 2023 Account Titles and Explanation Debit Credit Land Unrealized Gain on Revaluation 16800 Unrealized Gain on Revaluation
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