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please help me with the journal entries, thank you! Nash Company exchanged equipment used in its manufacturing operations plus $3,120 in cash for similar equipment

please help me with the journal entries, thank you!
Nash Company exchanged equipment used in its manufacturing operations plus $3,120 in cash for similar equipment used in the operations of Crane Company. The following information pertains to the exchange. Equipment (cost) Accumulated depreciation Fair value of equipment Cash given up Nash Co. $29,120 19,760 13,000 3,120 Crane Co. $29,120 10,400 16,120
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Current Attempt in Progress Nash Company exchanged equipment used in its manufacturing operations plus $3,120 in cash for similar equipment used in the operations of Crane Company. The following information pertains to the exchange. Prepare the journal entries to record the exchange on the books of both companies. Assume that the exchange has commercial substance. (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 O for the amounts, List all debit entries before credit entries.) Crane Company Equipment Accumulated Depreciation-Equipment Carh Gain on Disposal of Equipment Equipment

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