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Recommended Time Allocation: 10 Minutes 8 Marts Acadia Inc, exchanged inachinery with take value of 51.170.000, original costat 53.700.000, and a netbook ved $900,000, for
Recommended Time Allocation: 10 Minutes 8 Marts Acadia Inc, exchanged inachinery with take value of 51.170.000, original costat 53.700.000, and a netbook ved $900,000, for machinery that Bonnie Corp, owns. Bonne machinery had a recorded cost of $2.160.000, und wunded depreciation of $1,188.000. The fair value of Borrie's machinery is urinow. Bonnie ato paid Ronda 530.000 exchange. Assume deprecation has been updated to the date of exchange REQUIRED Ust a properly formatted TABLE for your answer. Show your work at a time A Prepare the journal entry for Acidiasuring that the transaction des commerce (B) Prepare the journal entry for Bonne assuming that the transaction has comercial substance Lot format e
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