Acct Hw 4 - 3) Under receipts for sale of land, $11,200....

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Joe Black 3-7A: B) $2400. C) $2400. D) No, cash is not exchanged. 3-9A: 2) Under expenses, loss on sale of land, ($500).
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Unformatted text preview: 3) Under receipts for sale of land, $11,200. 3-9A: 2) Gain of $1500. 3) Gain of $1500....
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This test prep was uploaded on 04/09/2008 for the course ACCT 221 taught by Professor Catherinewest during the Fall '06 term at UMass (Amherst).

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