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PRINTER VERSION 4 BACK NEXT Question 18 Windsor Ltd. traded a used welding machine (cost $11,700, accumulated depreciation $2,240, fair value $3,810) for equipment with

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PRINTER VERSION 4 BACK NEXT Question 18 Windsor Ltd. traded a used welding machine (cost $11,700, accumulated depreciation $2,240, fair value $3,810) for equipment with an estimated fair value of $11,300. Windsor also paid $5,650 cash in the transaction. Prepare the journal entry to record the exchange. The equipment results in different cash flows for Windsor, compared with those the welding machine produced. (Credit account tres are automatically indented when the 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.) Account Tities and Explanation Debit Credit SHOW LIST OF ACCOUNTS

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