Bonita Company exchanged equipment used in its manufacturing operations plus $3,540 in cash for similar equipment used in the operations of Windsor Company. The following information pertains to the exchange. Equipment (cost) Accumulated depreciation Fair value of equipment Cash given up (a) & Windsor Company: eTextbook and Media Bonita Co. $33,040 List of Accounts 22,420 Account Titles and Explanation Bonita Company: Save for Later 14,750 3,540 Prepare the journal entries to record the exchange on the books of both companies. Assume that the exchange lacks commercial substance. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts. List all debit entries before credit entries.) Windsor Co. $33,040 11,800 18,290 Debit Credit Attempts: 0 of 3 used. Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above.

(a) efertbookrand Media List of Accounts Attemptr: Bet 3 used (b)