Jennifer Smith owns 55% of the shares of Concord Corporation and 70% of the shares of Pharoah Ltd. Concord sold a used delivery van to Pharoah in exchange for used computer equipment. The van had a carrying value of $18,300 on Concord's books and a fair value of $21,800. The computer equipment had a carrying value of $16,200 on Pharoah's books, and a fair value of $16,200. Show the journal entries for both Concord and for Pharoah. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) Account Titles Concord will record: Pharoah will record: Debit Credit