We sold a piece of land on December 5, 2020 for $75,000
December 2020 we received a $3,000 deposit
February 15, 2021 closing the sale we received $73,000.
The corporation Fiscal year end December 31.
Can someone please tell me how to record this transaction?
Thank you,
December 2020 we received a $3,000 deposit
February 15, 2021 closing the sale we received $73,000.
The corporation Fiscal year end December 31.
Can someone please tell me how to record this transaction?
Thank you,