Equipment (Cost) Accumulated Depreciation Fair Value Cash paid to complete the exchange DATA $600,000 $300,000 $325,000 $30,000 When recording the journal entry they should Select ALL correct answers, points deducted for wrong answers. Debit Trucks for $330,000 Credit Equipment for $600,000 Debit Accumulated Depreciation for $300,000 Credit Cash For $30,000 Debit Loss On exchange for $25,000 Debit Equipment for $600,000. Credit Accumulated Depreciation for $300,000. Debit Cash for $30,000 Credit Loss on exchange for $25,000. Debit gain on exchange for $25,000 Credit gain on exchange for $25,000