114 December 1, 20XX We received a cheque from the lawyer for $1000000 that went into a 3 per annum 3 month term deposit for the sale of our building Record the amount as a term deposit and as a gain loss on disposal The accountant said they will adjust at year end The term deposit begins on Decem...

MEMO114 Bank ac dr 1000000 To Gainloss on disposal ac 1000000 Bein ...

#114 December 1, 20XX We received a cheque from the lawyer for $1000000 that went into...

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