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What would be the journal entries? Thanks. MEMORANDUM To: Bill Bugnay MEMO#115 FROM: Arif Chowdhury December 1, 20XX Please deposit the $50000 cheque into our

What would be the journal entries? Thanks.

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MEMORANDUM To: Bill Bugnay MEMO#115 FROM: Arif Chowdhury December 1, 20XX Please deposit the $50000 cheque into our bank account for the sale of our investment recording it as a gain/loss on disposal that the accountant said they will adjust at year end. (D/S#01-12)

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