Business
Business, 03.11.2020 16:30, shusemann

Sansa sold some equipment during the year. She received $10,000 in cash and a $1,000 note receivable from the buyer. The buyer also assumed $1,500 of liabilities associated with the equipment. Sansa incurred selling expenses of $500. What is the Sansa's amount realized in the transaction

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Sansa sold some equipment during the year. She received $10,000 in cash and a $1,000 note receivable...

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