respond to the following: Imagine you are the accounting manager for a manufacturing company's fixed assets department. The CFO is assessing the benefits of acquiring a new John Deere Tractor and Elite Combine and disposing of similar used equipment. The CFO has asked you to do the following: Explain the effect of each transaction on the financial statements. Explain how the substance and asset and/or monetary exchange affects the reporting of the transaction and the financial statements. Be sure to elaborate on your thinking and provide examples. Please respond to at least one additional post. Owing ing manager for a manufacturing company's fixed assets department. The CFO is assessing the benefits of acquiring a new John Deere Tractor and Elite Combine ked you to do the following: ach transaction on the financial statements. ance and asset and/or monetary exchange affects the reporting of the transaction and the financial statements. thinking and provide examples. e additional post