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O Points: 0 of 1 Save During 2016 Lenors Company completed the following transactions (Click the icon to view transactions) Record the transactions in

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O Points: 0 of 1 Save During 2016 Lenors Company completed the following transactions (Click the icon to view transactions) Record the transactions in the journal of Lenora Company (Record debits first, then credits Select the explanation on the last of the jury table) Jan 1: Traded in old office equipment with book value of $50,000 (cost of $122,000 and accumulated depreciation of $72.000) fe new equipment Lenora also paid $40 000 in cash fair he few $25.000 Assume the exchange had commercial substance (econd a single compound journal ny) Date Accounts and Explanation Debit Credit

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