Question: plzz i need help Question 9 code. 8 pts Based on the information below, please answer Question 9 and Question 10: Company B sold a

plzz i need help

Question 9 code. 8 pts Based on the information below, please answer Question 9 and Question 10: Company B sold a piece of its equipment, a SAW ("super awesome widget"), with an appraised fair value of $79,000 to Company Z Inc. on January 1, 2018. In exchange, Company B receives a note that matures in two years. There are no annual interest payments; the maturity value is $90,000. The historical cost of the equipment was $173,000 and the accumulated depreciation at the time of sale was $90,500 (net book value is $82,500). Company B had no previous experience with Company Z. REQUIRED: What is the journal entry that Company B would record on January 1, 2018 when receiving the note and selling the equipment

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