chapter 10: Plant Assets, Natural Resources, and Intangibles Account for asset exchanges. Knowledge Check 02 On January 3 2015, Coach Transportation, Inc, acquired $200,000 in new equipment in exchange for $170,000 cash and a trade-in of old equipment. That old equipment originally cost $180,000 and has accumulated depreciation of $160,000; it has a book value of $20,000 at the time of exchange. This exchange of assets has commercial substance. The Cash account will be credited for $170,000. (That credit could not be shown below.) Complete the rest of the journal entry by selecting the account names and dollar amounts from the drop-down menus. (Note that the debits in your answer will exceed the credits by $170,000) Date Account Title Debit Credit | [select- Jan. 3 select select select select- select select select select select select selectv