I need part B please
ZYour answer has been saved and sent for grading. See Gradebook for score details. Prepare the journal entries to record the exchange on the books of both companies. Assume that the exchange lacle entry is required, select "No Entry" for the account titles and enter o for the amounts.) Debit Credit Account Titles and Explanation Coronado Company: 17,280 Equipment Accumulated Depreciation 27,360 Equipment 40,320 4,320 cash Whispering Company: Cash 4,320 Equipment 18,000 Accumulated Depreciation 14,400 Loss on Disposal of Equipr 3,600 Equipment 40,320 Show Work is REQUIRED for this question: Open blank Show Work Copy Show Work from Previous attempt SHOW LIST OF ACCOUNTS Prepare the journal entries to record the exchange on the books of both companies. Assume that the exchange has c entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Coronado Company Debit Credit Whispering Company Show Work is REQUIRED for this question: Open Show Work Change mission) Coronada Company exchanged equipment used in manufacturing operations plus $4,320 in Cash formar equipment used in the operations of Whispering Company. The following information et Coronade Co. Whispering Co. Equipment (cost) $40,320 $40,320 Accumulated depreciation 27.360 14.400 Fair value of equipment 10.000 Cash given up 22,320 4.320 Credit (a) Your answer has been saved and sent for grading Se Gradebook for score details Prepare the journal entries to record the exchange on the books of both companies. Assume that the exchange lacks commercial substance. (Credit account titles are automatically indeed when entry is required, select "No Entry for the accountitles and enter for the amounts.) Account Titles and Explanation Debit Coronado Company Equipment 17.280 Accumulated Depreciation 27.360 Equipment 40.320 cash 4,320 Whispering Company Cash 4,320 Equipment 18,000 Accumulaced Depreciation 14.400 Loss on Disposal of Equip 3.600 Equipment 40,320 Show Work REQUIRED for this questions or bank Show