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What journal entry and adjusting entry will I have to make for this transaction? Dec 15 On this day Beacon sells 3 acres of land

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What journal entry and adjusting entry will I have to make for this transaction?

Dec 15 On this day Beacon sells 3 acres of land for $15,000. It receives $5,000 in cash and a mortgage note for the rest. The note carries interest at 10% and the principal amount is due in 8 years. Assume that all the land had a uniform cost per acre when it was purchased by Beacon. AIP 5009

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