Business, 21.02.2020 06:24, merrickrittany

Beachwood Clothing Company operates a chain of high end men’s clothing stores. Beachwood owned land that was originally purchased as a store location. However, after abandoning the plan to build a new store, the land that had cost $5,000 was sold for $6,000 cash. Write down the journal entries that would be required to record the sale of the land?

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Beachwood Clothing Company operates a chain of high end men’s clothing stores. Beachwood owned land...