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Bionom Compary exchanged equipment used in its manufacturing operations plus $4,380 in cash for similar equipment used in the operations of Bius Company. The fotowing

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Bionom Compary exchanged equipment used in its manufacturing operations plus $4,380 in cash for similar equipment used in the operations of Bius Company. The fotowing intormationpertains to tho exchange (a) Prepare the journal entries to record the exchange on the books of both companies, Assume that the exchange lacks commercial "Wo Entry" for the sccount tidles and enter ofor the anounts. Uist all debit entries before credit entries) Blue Company

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