On August 1, Riverbed, Inc exchanged productive assets with Marin, Inc Riverbeds asset is referred to below as Asset A, and Marin is referred to as Asset B The following facts pertain to these assets Asset A Asset B Original cost $119,040 $136,400 Accumulated depreciation (to date of exchange) 49,600 58,280 Fair value at date of exchange 74,400 93,000 Cash paid by Riverbed, Inc 18,600 Cash received by Marin, Inc 18,600 (a) Assuming that the exchange of Assets A and B has commercial substance, record the exchange for both Riverbed, Inc and Marin, Inc in accordance with generally accepted accounting principles (Round answers to 0 decimal places, e g 5,275 Credit account titles are automatically indented when amount is entered Do not indent manually If no entry is required, select No Entry for the account titles and enter 0 for the amounts ) Account Titles and Explanation Debit Credit Riverbed, Inc s Books Marin, Inc s Books List of Accounts Assistance Used Accounts Payable Accumulated Depreciation Buildings Accumulated Depreciation Equipment Accumulated Depreciation Machinery Accumulated Depreciation Trucks Buildings Cash Computers Common Stock Contribution Expense Contribution Revenue Cost of Goods Sold Depreciation Expense Direct Labor Discount on Notes Payable Equipment Factory Overhead Forklift Furniture Gain on Disposal of Buildings Gain on Disposal of Equipment Gain on Disposal of Machinery Gain on Disposal of Trucks Gain on Disposal of Plant Assets Insurance Expense Interest Expense Interest Payable Interest Revenue Inventory Land Land Improvements Loss on Disposal of Buildings Loss on Disposal of Equipment Loss on Disposal of Machinery Loss on Disposal of Trucks Machinery Maintenance and Repairs Expense Materials No Entry Notes Payable Organization Expense Paid in Capital in Excess of Par Common Stock Prepaid Insurance Retained Earnings Salaries and Wages Expense Sales Revenue Trading Securities Trucks

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On August 1, Riverbed, Inc. exchanged productive assets with Marin, Inc. Riverbeds asset is referred to below as Asset A, and Marin is referred to

On August 1, Riverbed, Inc. exchanged productive assets with Marin, Inc. Riverbeds asset is referred to below as Asset A, and Marin is referred to as Asset B. The following facts pertain to these assets.

	Asset A	Asset B
Original cost	$119,040	$136,400
Accumulated depreciation (to date of exchange)	49,600	58,280
Fair value at date of exchange	74,400	93,000
Cash paid by Riverbed, Inc.	18,600
Cash received by Marin, Inc.		18,600

(a)

Assuming that the exchange of Assets A and B has commercial substance, record the exchange for both Riverbed, Inc. and Marin, Inc. in accordance with generally accepted accounting principles. (Round answers to 0 decimal places, e.g. 5,275. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)