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Cedric Company recently traded in an older model computer for a new model. The old models book value was $724 000 forint cost of $48400

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Cedric Company recently traded in an older model computer for a new model. The old models book value was $724 000 forint cost of $48400 less $260.000 in accumulated depreciation and its for value of the old equipment is $210.000 Cedric pod 554.000 to complete the exchange which he commercio substance Required: Prepare the journal entry to record the exchange if no entry is required for a transaction event, select "No journal entry required in the first account field) Journal entry worksheet Record the exchange of assets wat die General Det Cr Event 1 order Clear Viewer MacBook Pro Q $ 4 & 7 2 3 0 > 5 8 9 0 Q W E R T Y 0 S D F G H J K L

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