https://ttlc.intuit.com/community/taxes/discussion/installment-sale/01/3083263#M1126034 <P>I sold my S-Corp's assets in 2022. The Equipment component was a cash sale and the Goodwill component was &nbsp; an installment sale covering 3 years. My question is what does my Balance Sheet look like at the end of 2022 (Year 1)? The company isn't operating anymore, so I am thinking that the only asset I have is the Installment Income Receivable? What about the offsetting capital entry?&nbsp;</P> Tue, 24 Feb 2026 07:08:39 GMT pkcrossley1 2026-02-24T07:08:39Z https://ttlc.intuit.com/community/taxes/discussion/installment-sale/01/3083263#M1126034 <P>I sold my S-Corp's assets in 2022. The Equipment component was a cash sale and the Goodwill component was &nbsp; an installment sale covering 3 years. My question is what does my Balance Sheet look like at the end of 2022 (Year 1)? The company isn't operating anymore, so I am thinking that the only asset I have is the Installment Income Receivable? What about the offsetting capital entry?&nbsp;</P> Tue, 24 Feb 2026 07:08:39 GMT https://ttlc.intuit.com/community/taxes/discussion/installment-sale/01/3083263#M1126034 pkcrossley1 2026-02-24T07:08:39Z https://ttlc.intuit.com/community/taxes/discussion/re-installment-sale/01/3083288#M1126045 <P>Duplicate post.</P> <P>&nbsp;</P> <P>&nbsp;</P> Mon, 14 Aug 2023 22:42:18 GMT https://ttlc.intuit.com/community/taxes/discussion/re-installment-sale/01/3083288#M1126045 Anonymous_ 2023-08-14T22:42:18Z