Nash Company exchanged equipment used in its manufacturing operations plus $3,120 in cash for similar equipment uset in the operations of Crane Company. The following information pertains to the exchanen Account Titles and Explanation Debit Credit Nash Company: Equipment Accumulated Depreciation-Equipment 19760 Equipment Cash Crane Company: Equlpment Accumulated Depreciation - Equipment Cash Loss on Disposal of Equipment Equipment ditont entries betore creat enther, Account Titles and Explanation Nash Company. Debit Credit Crane Company