What are the journal entries you would make if you sell 1 bitcoin for $36000? Bitcoin is

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What are the journal entries you would make if you sell 1 bitcoin for $36000?

Bitcoin is an intangible asset so how would you account for this as journal entries?

What would be the tax implication entries if the tax rate is 30%?

Related Book For answer-question

Managerial Accounting

ISBN: 978-0073379586

2010 Edition

Authors: John J. Wild, Ken W. Shaw

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Posted Date: Apr 24, 2021 11:30 PM

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What are the journal entries you would make if you sell 1 bitcoin for $36000? Bitcoin is

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Managerial Accounting

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