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PLEASE SHOW ALL WORK!!! Splish Corporation traded a used truck (cost $29,600, accumulated depreciation $26,640 ) for a smali computer with a fair value of
PLEASE SHOW ALL WORK!!! Splish Corporation traded a used truck (cost $29,600, accumulated depreciation $26,640 ) for a smali computer with a fair value of $4,884. Splish also paid $740 in the transaction. Prepare the journal entry to record the exchange. (The exchange has commercial substance.) (Credit account tities are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter of for the amounts. List all debit entries before credit entries.)
PLEASE SHOW ALL WORK!!!
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