Entries for Trade of ved Asset On October 1, Bentley Delivery Services acquired a new truck with a lat price (to market value of $195,000. Bentley Delivery received trade-on (fair miket value of 527,500 on an old truck of similar type and podcash of $167.500. The following information about the old truckoned from the cont in the equipment ledger cont $120,000; accumulated depreciation on December 31, the end of the preceding fiscales 580,000 hereciation, 520,000. As that the exchange has comercial Substance a. Journalize the entry to record the current depreciation of the old truck to the date of trade in bu Journalize the entry to record the traction on October 1. Il on mint box does not require a estry, leave it blank