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Carla Vista Ltd. purchased an electric wax melter on April 30, 2023, by trading in its old gas model and paying the balance in cash

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Carla Vista Ltd. purchased an electric wax melter on April 30, 2023, by trading in its old gas model and paying the balance in cash . The following data relate to the purchase: Assurming that Carla Vista's fiscal year ends on December 31 and depreciation has been recorded through December 31 , 2022, prepare the journal entries that are necessary to record this exchange. (Credit occount titles are automatically indented when the amount is entered. Do not indent manualio, If ne entry is required, select 'No Entry' for the occount fites and enter 0 for the amounts. List all debit. (To record equipment exchange)

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