Installment Sale

[pkcrossley1]

I sold my S-Corp's assets in 2022. The Equipment component was a cash sale and the Goodwill component was   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? 

[tagteam]

Duplicate post.