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pls help with part B. Whispering Company exchanged equipment used in its manufacturing operations plus $3,660 in cash for similar equipment used in the operations
pls help with part B.
Whispering Company exchanged equipment used in its manufacturing operations plus $3,660 in cash for similar equipment used in the operations of Metlock Company. The following information pertains to the exchange. Account Titles and Explanation Debit Credit Whispering Company: Equinment =14640 Accumblisted Depreciation - Equipment \begin{tabular}{|} \hline \\ \hline \\ \hline \\ \hline 94100 \\ \hline 3000 \\ \hline \end{tabular} Metiock Company: Thiphisint Equicinem 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.) Account Titles and Explanation Debit Credit Whispering Company Metlock Company Step by Step Solution
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