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Question 16 inte A machine cost $40,000 and has accumulated depreciation of $22.000 on December 31, 2014 at that time, the machine and star ware

Question 16 inte A machine cost $40,000 and has accumulated depreciation of $22.000 on December 31, 2014 at that time, the machine and star ware of 16.00 and has been exchanged for a similar machine with a far value of $48,000 and the proper amount of cash ispod The che lacked.com substance Requirement Prepare the necessary journal entry to record the above exchange For the toolbar, Dress ALT 10 PC or ALTANERIMA

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