Solution :
1. Journal voucher
Journal Entries
Date Accounts title Debit Credit
June 1 Cash $ 2,993,600
Gain on sale of land $ 1,122,600
Land $ 1,871,000
(Being land sold)
2. Partial Balance sheet
Riverbed Corporation
Partial Balance sheet
December 31, 2008
Plant Assets
Land $ 7,858,200
Building $ 26,640,000
(-) Accumulated Depreciation-building $ 74,465,800 $ 3,662,625
Equipment $ 74,465,800
(-) Accumulated Depreciation-equipment $ (14,734,125) $ 59,731,675
Total Plant Assets $ 71,252,200
