n BlockWorks, what entries need to be made so that the sale of the land...

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Accounting

n BlockWorks, what entries need to be made so that the sale of the land is reported properly on Form 4797, Sales of Business Property? In Asset Manager, select the rental house, click the Disposition tab, and enter the land information in the area below the building information. No further steps are required; BlockWorks will carry the amount to Form 4797, Sales of Business Property. In the section Form 4797, Sales of Business Property, select 1 Part 1 from the dropdown next to "Land to Form 4797, Part number." In the section Form 4797, Sales of Business Property, select 2 Part 2 from the dropdown next to "Land to Form 4797, Part number." In

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