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(pls leave me @ so I can contact you) View Police Current Attempt in Progress Carla Company exchanged equipment used in its manufacturing operations plus

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(pls leave me @ so I can contact you)
View Police Current Attempt in Progress Carla Company exchanged equipment used in its manufacturing operations plus $3.360 in cash for similar equipment used in the operations of Sarasota Company. The following information parties to the exchange Equipment cost) Accumulated depreciation Carla Co. 531.360 21.280 Sarasota Co $31,360 11.200 14,000 17.360 Fair value of equipment Cash given up 3,360 Prepare the journal entries to record the exchange on the books of both companies Assume that the exchange lacks 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 title and enter for the amounts) Debit Credit Account Tities and Explanation Carla Coman Question 9 of 11 -/ 11 Prepare the journal entries to record the chance on the books of both companies. Assume that the exchange back commer substance. (Credil account titles are automatically indented when amount is entered. Do not indent manually. If no entreguin elect "No Entry for the accountities and enter for the amounts Debit Credit Account Tities and Explanation Carla Company Sarasota Company

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