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A Company traded a used machine cost 18,000. accumulated depreciation 6.000) for office equipment with an estimated fair value of 10.000. It also paid 6.000

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A Company traded a used machine cost 18,000. accumulated depreciation 6.000) for office equipment with an estimated fair value of 10.000. It also paid 6.000 cash in the transaction. Prepare the journal entry to record the exchange. (The exchange has commercial substance) For the toolbar.press ALT+F10 Por ALT FNF10 (Mac) BIWS Paragraph Arial 14px I. QUESTION 1 5 points Seve A Company traded as used machine (cost 18.000, accumulated depreciation 6,000) for office equipment with an estimated fair value of 10.000. It also paid 6.000 cash in the transaction. Prepare the journal entry to record the exchange (The exchange has commercial substance For the toolbar press ALT-F10 (PC).Or ALT+FN-F10 (Mac), nh

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