USA What is the journal entry to record the proceeds of Land sale at year end

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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,
 
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Your amounts don't fully add up. 75k vs 76k (3+73).

I would think the following transactions should take place, since the sale does not actually occur until 2/15/21

December 2020 Entry
(Dr) Cash --------------- 3,000
(Cr) Unearned Rev -- 3,000

2/15/21 Entry
(Dr) Cash ------------------- 73,000
(Dr) Unearned Rev ------ 3,000
(Dr) Loss on disposal -- xxx (if there is one)
(Cr) Land ------------------- xxx (book value of land)
(Cr) Gain on sale -------- xxx (if there is one)
 

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