On August 1. Swifty, Inc. exchanged productive assets with Nash Inc. Swifty's asset is referred to below as Asset A and Nash'is referred to as "Asset B." The following facts pertain to these assets, Asset A Asset B $120.960 $138.600 50,400 59.220 Original cost Accumulated depreciation (to date of exchange) Fair value at date of exchange Cash paid by Swifty, Inc. Cash received by Nash.Inc. 75,600 94.500 18,900 18,900 Assuming that the exchange of Assets A and B has commercial substance, record the exchange for both Swifty, Inc and Nash. In in accordance with generally accepted accounting principles. (Round answers to decimal places , eg,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 for the amounts.) Account Titles and Explanation Swifty. In's Books Debit Credit Nash, Inc.'s Books > Assuming that the exchange of Assets A and Blacks commercial substance, record the exchange for both Swifty, Inc. and Nash Inc. in accordance with generally accepted accounting principles. (Round intermediate calculations to 5 decimal places, es 125124 and final answer to decimal places es. 58,971 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 for the amounts) Account Titles and Explanation Credit Debit Swifty. Incis Books Nash, Inc's Books e Textbook and Media