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i dont understand question 3 and read it and write a clear please 3) Silvia & Parra (S&P) Co. exchanged equipment and $20,000 cash for

i dont understand question 3 and read it and write a clear please image text in transcribed
3) Silvia & Parra (S&P) Co. exchanged equipment and $20,000 cash for similar equipment. The book value of the old equipment was $90,000 and the fair value was $100,000. Assuming that the exchange has commercial substance, Prepare the journal entry for this transaction

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