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please upload process explaining it pls 4. (4 points) This machinery was acquired by trading in used machinery. Facts concerning the trade-in are as follows.

please upload process explaining it pls image text in transcribed
4. (4 points) This machinery was acquired by trading in used machinery. Facts concerning the trade-in are as follows. Record the journal entry for the above nonmonetary asset exchange for the following scenarios: a. The transaction has commercial substance. b. The transaction lacks commercial substance

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