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11y ago

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Land was bought for 20000 then sold for 65000 in cash how does this affect the accounting equation?

It will increase the profit with 45000 while increase in cash of 65000 while reduce in land of 20000.


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Can you get a check for 20000 and cash it?

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Yes, you can cash your 401k rollover check, but it is generally not recommended due to potential tax implications and penalties. It is advisable to roll over the funds into another retirement account to avoid these consequences.


When do you get you retirement check?

when is my retirement check posted to my checking account


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Please contact your retirement account provider or the institution managing your retirement funds to inquire about the status of your retirement check. They should be able to provide you with the information you need regarding its delivery or deposit.


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