REFERENCE: Ref.19_05 The Executor of Danny Mack's Estate Has Listed the Following

REFERENCE: Ref.19_05
The executor of Danny Mack's estate has listed the following properties at fair value: Cash $200,000,Life Insurance Receivable $500,000,Investment in Stocks and Bonds $50,000,Rental Property $100,000,and Personal Property $80,000.Additionally,the executor found $100,000 of various debts incurred before the decedent's death.The cost of Danny Mack's funeral was $20,000.
-Prepare the journal entry to record the sales of the Stocks and bonds for $120,000

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(To record sale of stocks and...

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