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page 9, and page 12! Goodman Company acejired a truck from Hames Compeny in exchange for a machine. The exchange is determined to have commercal

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Goodman Company acejired a truck from Hames Compeny in exchange for a machine. The exchange is determined to have commercal tubstance. The machine coet s30,000, has a book value of 56,000 , and has a market value of 58,600 . The truck has a coat of 512,000 and a book value of 58,000 on Harmes' books. Goodman agrees to pay s\$o0 to complele the exchange. Fieculired: Propare joumal entries for Goodman and Harmes to record the exchange. All transactions on this page must be entered (except for post ref(s)) before you will receive Check My Work feedback. Prepare joumal entries for Goodman and Harmes to record the exchange. Assume the exchange occurred on September 23. General Joumal Instruations All transactions on this page must be entered (except for post ref(s)) before you will receive Check My Work feedback

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